Investment Manager
Coolabah Capital Investments (Retail) Pty Limited
Investment Policy and Objectives
The Fund aims to provide investors with exposure to a portfolio of investment-grade Australian floating-rate notes with enhanced yields. The Fund targets returns in excess of the Bloomberg Ausbond Composite 0+ Yr Index (hedged to NZD) by 1.0% to 2.0% per annum over rolling 12-month periods.
Investment Strategy
The Fund offers an actively managed fixed-income strategy focused on mispricings in government and corporate bond markets in Australia with an interest rate duration risk broadly similar to that of the Index. The Fund currently invests in an underlying fund managed by Coolabah. The Fund targets a position of being fully hedged back to New Zealand dollars. The Fund offers an actively managed fixed-income strategy focused on mispricings in government and corporate bond markets in Australia with an interest rate duration risk broadly similar to that of the Index. The Fund currently invests in an underlying fund managed by Coolabah. The Fund targets a position of being fully hedged back to New Zealand dollars.
Benchmark
Bloomberg AusBond Composite 0+ Yr Index hedged to NZD
