| Fund: Coolabah Short Term Income Fund - Assisted Investor Class |
| Strategy: Short-Term Fixed-Interest |
| Return (since Oct. 2014): 4.23% pa gross (3.27% pa net) |
| Net return volatility (since Oct. 2014): 0.78% pa |
Objective: An independently-rated/recommended strategy targeting low-risk cash and fixed-income returns that exceed the RBA’s cash rate by 1.5%-3.0% pa after fees, over rolling 12 month periods.
Strategy: We actively invest in a diversified portfolio of Australian deposits, investment grade floating-rate notes and hybrid securities with a weighted-average “A” credit rating. We do not invest in fixed-rate bonds (unless interest rate risk is hedged), direct loans, use leverage, or take currency risk. We add value via active asset-selection using a range of valuation models with the aim of (1) delivering lower portfolio volatility than traditional bond funds and (2) providing superior risk-adjusted returns, or alpha, without explicitly seeking interest rate risk, credit risk or liquidity risk. The strategy is managed by Coolabah Capital Investments, which is a specialist active credit manager.
| Period Ending 2026-05-31 | Gross Return (Assist.) | Net Return (Assist.)† | RBA Cash Rate | Gross Excess Return‡ | Net Excess Return (Assist.)†‡ |
|---|---|---|---|---|---|
| 1 month | 0.48% | 0.41% | 0.34% | 0.13% | 0.07% |
| 3 months | 1.25% | 1.05% | 1.01% | 0.24% | 0.04% |
| 6 months | 2.49% | 2.10% | 1.92% | 0.57% | 0.17% |
| 1 year | 5.42% | 4.59% | 3.78% | 1.64% | 0.81% |
| 3 years pa | 6.40% | 5.47% | 4.09% | 2.32% | 1.38% |
| 5 years pa | 4.46% | 3.59% | 2.98% | 1.48% | 0.62% |
| 10 years pa | 4.23% | 3.29% | 2.02% | 2.21% | 1.27% |
| Inception pa Oct. 2014 | 4.23% | 3.27% | 2.03% | 2.20% | 1.24% |
† Net returns are calculated from the historic gross returns using the current fee structure as displayed in the Product Disclosure Statement. ‡ The Excess Return columns represent the gross and net return above the RBA cash rate.
| Av. Interest Rate (Gross Running Yield) | 5.14% | Ratings: Recommended (Lonsec); Superior - Relatively Simple (Foresight Analytics) |
