| Fund: Coolabah Global Floating-Rate High Yield PIE Fund |
| Strategy: Floating-Rate High Yield |
| Return (since Dec. 2023): 7.01% pa net |
| Net return volatility (since Dec. 2023): 1.23% pa |
Objective: The Fund aims to provide investors with exposure to a global floating-rate portfolio of investment-grade bonds and hybrid securities with enhanced yields.
Strategy: The Fund focusses on generating higher income than other traditional fixed income investments by investing in a floating-rate portfolio of investment-grade bonds and hybrid securities predominately issued by global banks, insurers and governments and enhancing the yields (or interest-rate) through the use of gearing (or leverage). Leverage can amplify gains and also amplify losses.
| Period Ending 2026-05-31 | Net Return | AusBond Credit FRN Index* | Net Excess Return‡ |
|---|---|---|---|
| 1 month | 0.39% | 0.30% | 0.09% |
| 3 months | 0.85% | 0.74% | 0.10% |
| 6 months | 1.87% | 1.57% | 0.30% |
| 1 year | 5.19% | 3.62% | 1.57% |
| 2 years pa | 6.27% | 4.59% | 1.67% |
| Inception pa Dec. 2023 | 7.01% | 5.09% | 1.92% |
| Underlying FRHY Strategy* | |||
| 3 years pa | 8.60% | 5.36% | 3.24% |
| Inception pa Dec. 2022 | 9.11% | 5.43% | 3.68% |
* The underlying strategy is an Australian unit trust. The returns displayed are estimated in NZD based on the actual AUD returns with 1 month forward contracts. ‡ The Excess Return columns represent the gross and net return above the AusBond Credit FRN hedged to NZD. # The yields shown are estimates based on the yield of the underlying strategy hedged to New Zealand Dollar (NZD) using the NZD Bank Bill 3 Month Index (NDBB3M) and the AUD Bank Bill 3 Month Index (BBSW3M).
| Av. Interest Rate (Gross Running Yield) | 4.61% | Net Annual Volatility (since incep.) |
