| Fund: Coolabah Short Term Income Fund - Assisted Investor Class |
| Strategy: Short-Term Fixed-Interest |
| Return (since Oct. 2014): 4.19% pa gross (3.23% 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 2026-03-31 | Gross Return (Assist.) | Net Return (Assist.)† | RBA Cash Rate | Gross Excess Return‡ | Net Excess Return (Assist.)†‡ |
|---|---|---|---|---|---|
| 1 month | 0.19% | 0.13% | 0.34% | -0.15% | -0.21% |
| 3 months | 0.97% | 0.78% | 0.92% | 0.04% | -0.14% |
| 6 months | 2.12% | 1.76% | 1.83% | 0.30% | -0.07% |
| 1 year | 5.21% | 4.35% | 3.77% | 1.44% | 0.58% |
| 3 years pa | 6.40% | 5.46% | 4.06% | 2.34% | 1.40% |
| 5 years pa | 4.29% | 3.43% | 2.84% | 1.45% | 0.60% |
| 10 years pa | 4.28% | 3.33% | 1.98% | 2.30% | 1.35% |
| Inception pa Oct. 2014 | 4.19% | 3.23% | 2.00% | 2.19% | 1.23% |
† 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) | 5.10% | Ratings: Recommended (Lonsec); Superior - Relatively Simple (Foresight Analytics) |
