| Fund: Coolabah Active Sovereign Bond Fund - Long Duration Class |
| Strategy: Government Bond |
| Return (since Dec. 2023): 5.23% pa gross (4.17% pa net) |
| Net return volatility (since Dec. 2023): 4.25% pa |
Objective: The Active Sovereign Bond Fund - Long Duration Class targets returns in excess of its Benchmark, the Bloomberg AusBond Treasury 0+ Yr Index (BATY0) after management costs, by 3.0% to 5.0% per annum over rolling 3 year periods.
Strategy: The Fund aims to generate diversifying excess returns above the Benchmark for each Class through exploiting relative value mis-pricings in high quality government bonds and related Derivatives that have a low correlation to equity and credit markets and the level of interest rates. The Long Duration Class aims to deliver the Fund’s investment strategy over its Benchmark, the Bloomberg AusBond Treasury 0+ Yr Index (BATY0). It offers fixed-rate bond exposure by matching its interest rate duration to that of the Index, which may be a source of interest-rate risk.
| Period Ending 2025-12-31 | Gross Return | Net Return | Bloomberg AusBond Treasury 0+Yr Index | Gross Excess Return†| Net Excess Return†|
|---|---|---|---|---|---|
| 1 month | -0.33% | -0.39% | -0.76% | 0.43% | 0.37% |
| 3 months | -2.13% | -2.29% | -1.35% | -0.78% | -0.94% |
| 6 months | -0.35% | -1.02% | -1.26% | 0.91% | 0.24% |
| 1 year | 4.77% | 3.52% | 2.51% | 2.26% | 1.01% |
| Inception pa Dec. 2023 | 5.23% | 4.17% | 3.31% | 1.92% | 0.86% |
†The Excess Return column represents the gross and net return above the Bloomberg AusBond Treasury 0+ Yr Index
| Ratings: Recommended (Zenith) |
