| Fund: Coolabah Short Term Income Fund - Base Fee Class |
| Strategy: Short-Term Fixed-Interest |
| Return (since Oct. 2014): 4.21% pa gross (3.29% pa net) |
| Net return volatility (since Oct. 2014): 0.80% 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 2026-04-30 | Gross Return (Base) | Net Return (Base)† | RBA Cash Rate | Gross Excess Return‡ | Net Excess Return (Base)†‡ |
|---|---|---|---|---|---|
| 1 month | 0.59% | 0.52% | 0.33% | 0.26% | 0.19% |
| 3 months | 0.99% | 0.77% | 0.96% | 0.03% | -0.19% |
| 6 months | 2.31% | 1.86% | 1.86% | 0.45% | 0.00% |
| 1 year | 5.76% | 4.83% | 3.77% | 1.99% | 1.06% |
| 3 years pa | 6.38% | 5.44% | 4.08% | 2.29% | 1.36% |
| 5 years pa | 4.36% | 3.44% | 2.90% | 1.46% | 0.54% |
| 10 years pa | 4.26% | 3.33% | 2.00% | 2.26% | 1.34% |
| Inception pa Oct. 2014 | 4.21% | 3.29% | 2.02% | 2.19% | 1.27% |
† 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) | 5.07% | Ratings: Recommended (Zenith); Superior - Relatively Simple (Foresight Analytics) |
