Coolabah Short-term Income Base Fee - Managed Fund

Fund Objective

The Smarter Money Higher Income Fund targets returns in excess of the RBA cash rate plus 1.5% to 3.0% per annum after management and administration fees and ordinary expenses, over a rolling 12 month period.

Fund Strategy

The Fund is actively managed by the Investment Manager and aims to take advantage of investment opportunities, and assets which are considered mispriced, within the Australian cash, fixed-income and listed hybrid (including bonds and preference shares with equity conversion features) markets. The fund targets to hold 30 to 60 debt/hybrid securities, and cash investments as appropriate, although the actual number of assets may vary from this target.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.66%	1.47%	2.96%	6.45%	6.39%	3.63%	2.99%	3.13%
Growth return	0.66%	0.04%	-0.48%	-%	1.28%	-0.1%	0.6%	1.93%
Income return	0%	1.43%	3.44%	-%	5.11%	3.73%	2.39%	1.2%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return	-1.88%	-0.39%	2.26%	7.08%	2.86%	-0.62%	-0.68%	2.11%

As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Coolabah Short-term Income Base Fee

Cash: 6.15%

Fixed Interest: 93.85%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 5.68%

Fixed Interest: 92.06%

Australian Equities: 1.30%

International Equities: 0.53%

Property: 0.06%

Alternatives: 0.36%

General Information

Fund Details

Type	Description
Fund Name	Coolabah Short-term Income Base Fee
Responsible Entity	Equity Trustees Ltd
APIR Code	ETL8504AU
Sector/Asset Class	Unconstrained Fixed Income
Morningstar Rating	(as at 31 Oct 2024)
Legal Structure	Investment Fund
Fund Inception	8 Oct 2014
Fund Size	$3.3 million (as at 31 Oct 2024)
Entry Price	$0.9912 (as at 19 Nov 2024)
Exit Price	$0.991 (as at 19 Nov 2024)
Fund Status	Open

Offer information

Type	Description
MER	0.89% (as at 16 Jul 2024)
Indirect Cost Ratio (ICR)	0.89% (as at 30 Jun 2023)
Performance fee (not included in ICR)	0
Minimum initial investment	$1,000.00
Minimum additional investments	$1,000.00

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024)	Type	% of Portfolio
Westpac Banking Corp.	Bond - Corporate Bond	2.85%
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FAQs about the Coolabah Short-term Income Base Fee

What is the objective of the Coolabah Short-term Income Base Fee managed fund?

The objective of the Coolabah Short-term Income Base Fee managed fund is The Smarter Money Higher Income Fund targets returns in excess of the RBA cash rate plus 1.5% to 3.0% per annum after management and administration fees and ordinary expenses, over a rolling 12 month period.

What is the strategy for the Coolabah Short-term Income Base Fee managed fund?

The strategy of the Coolabah Short-term Income Base Fee managed fund is The Fund is actively managed by the Investment Manager and aims to take advantage of investment opportunities, and assets which are considered mispriced, within the Australian cash, fixed-income and listed hybrid (including bonds and preference shares with equity conversion features) markets. The fund targets to hold 30 to 60 debt/hybrid securities, and cash investments as appropriate, although the actual number of assets may vary from this target.

What is the APIR code of the Coolabah Short-term Income Base Fee managed fund?

The APIR code of the Coolabah Short-term Income Base Fee managed fund is ETL8504AU.

What was Coolabah Short-term Income Base Fee’s total return last month?

Coolabah Short-term Income Base Fee’s total return last month was 0.66%. This was made up of a growth return of 0.66% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What was Coolabah Short-term Income Base Fee’s total return for the last three months?

Coolabah Short-term Income Base Fee’s total return for the last three months was 1.47%. This was made up of a growth return of 0.04% and an income return of 1.43%%. These returns were calculated as at 31 Oct 2024.

What is Coolabah Short-term Income Base Fee’s one-year total return?

Coolabah Short-term Income Base Fee’s one-year total return is 6.45%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

What is Coolabah Short-term Income Base Fee’s three-year total return?

Coolabah Short-term Income Base Fee’s one-year total return is 3.63%. This was made up of a growth return of -0.1% and an income return of 3.73%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the Coolabah Short-term Income Base Fee managed fund?

The asset allocation of the Coolabah Short-term Income Base Fee managed fund is :

Cash: 6.15%

Fixed Interest: 93.85%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

Who is the responsible Entity of the Coolabah Short-term Income Base Fee managed fund?

The Responsible Entity for the Coolabah Short-term Income Base Fee managed fund is Equity Trustees Ltd.

What sector/asset class does the Coolabah Short-term Income Base Fee managed fund belong to?

The Coolabah Short-term Income Base Fee managed fund belongs to the Unconstrained Fixed Income sector/asset class.

What is the size of the Coolabah Short-term Income Base Fee managed fund?

As at 31 Oct 2024, the size of the Coolabah Short-term Income Base Fee managed fund was $3.3 million.

What is the inception date of the Coolabah Short-term Income Base Fee managed fund?

The Coolabah Short-term Income Base Fee managed fund has an inception date of 8 Oct 2014.

What is the current entry price of the Coolabah Short-term Income Base Fee managed fund?

The current entry price of the Coolabah Short-term Income Base Fee managed fund is $0.9912 per unit and the current exit price is $0.991 per unit (as at 19 Nov 2024).

What is the current exit price of the Coolabah Short-term Income Base Fee managed fund?

The current exit price of the Coolabah Short-term Income Base Fee managed fund is $0.991 per unit and the current entry price is $0.9912 per unit (as at 19 Nov 2024).

What is the minimum investment amount for the Coolabah Short-term Income Base Fee managed fund?

The minimum initial investment amount for the Coolabah Short-term Income Base Fee managed fund is $1,000. Minimum additional investment is $1000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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