Funds

Coolabah Short Term Income PIE Fund

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Issues of concern

The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

  • Human Rights Violations

    • Ubs Group AG 0.12%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 31st March 2024 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.

Please note that companies may breach more than one of these areas of concern.

The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

Mindful Money uses the term Mindful Funds as our standard for ethical investment and responsible investment. This does not imply that other funds are unethical or that the fund providers that do not meet these standards are unethical providers.

About this fund

In their own words

The fund provides exposure to an actively managed, diversified portfolio that aims to take advantage of investment opportunities within the Australian cash and fixed income markets. The fund currently invests in an underlying fund managed by Coolabah Capital Investments (Retail) Pty Limited (Investment Manager) and targets a position of being fully hedged back to New Zealand dollars.

Value $62.3M NZD
Period of data report 30th June 2024
Fund started 9th Dec. 2021
Total annual fund fees 0.69%
Total performance based fees 0.0%
Manager's basic fee 0.54%
Other management and administration charges 0.15%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Christopher Joye

Currently: Chief Investment Officer & Portfolio Manager (12 years, 10 months)
Previously: Chief Investment Officer, Riskmark International (6 years, 8 months)

Ashley Kabel

Currently: Portfolio Manager & Quant Analyst (7 years, 3 months)
Previously: Director of Research – Systematic Strategies, The Cambridge Strategy (Asset Management) (4 years, 2 months)

Roger Douglas

Currently: Senior Portfolio Manager (1 years, 7 months)
Previously: Company Director, Sempera Asset Management (3 years, 2 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.

Past Returns

Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2024 3.59% 7.79%
2023 -0.79% 0.73%

The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.

Top 10 Investments

  • Wstp 0 02/16/28 Mtn
    Australia Int Fixed Interest AA-
    2.81%
  • Nab 0 03/22/29 Mtn
    Australia Int Fixed Interest AA-
    2.6%
  • Wstp 0 01/15/29 Mtn
    Australia Int Fixed Interest AA-
    2.52%
  • ANZ 0 03/31/28 Mtn
    Australia Int Fixed Interest AA-
    2.39%
  • AUD Cash (Underlying)
    Australia Cash and Equivalents AAA
    2.38%
  • ANZ 0 11/04/27 Mtn
    Australia Int Fixed Interest AA-
    2.33%
  • Wstp 0 11/11/27 Mtn
    Australia Int Fixed Interest AA-
    2.23%
  • Nab 0 05/12/28 Mtn
    Australia Int Fixed Interest AA-
    2.2%
  • Wstp 0 01/29/31 Mtn
    Australia Int Fixed Interest A-
    2.1%
  • Wstp 0 05/20/27 Mtn
    Australia Int Fixed Interest AA-
    2.06%
Type Target Actual
Cash and Cash Equivalents 10.0% 5.16%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 90.0% 95.0%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% -0.16%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested against the fund's targets.

Target

Actual

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2024.