Coolabah Active Composite Bond PIE Fund

From the Fund Provider

• About this fund

  About this Fund

  Fund type: Defensive fund

  Past Returns: *4.54%

  Average returns since the fund began, after fees and taxes. This fund does not yet have 3 years of data.

  
  Annual Fees: 0.63%

  Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

  In their own words

  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 Capital Investments (Retail) Pty Limited (Investment Manager) and targets a position of being fully hedged back to New Zealand dollars.

  Value	$33.8M NZD
  Period of data report	31st Dec. 2024
  Fund started	6th Dec. 2023
  Total annual fund fees	0.63%
  Total performance based fees	0.23%
  Manager's basic fee	0.4%
  Other management and administration charges	0.0%
  Total other charges	0.0
  Total other charges currency	NZD

  Key Personnel

  Christopher Joye	Currently: Chief Investment Officer & Portfolio Manager (13 years, 4 months) Previously: Chief Investment Officer, Riskmark International (6 years, 8 months)
  Ashley Kabel	Currently: Portfolio Manager & Quant Analyst (7 years, 9 months) Previously: Director of Research – Systematic Strategies, The Cambridge Strategy (Asset Management) (4 years, 2 months)
  Roger Douglas	Currently: Senior Portfolio Manager (2 years, 1 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 31st Dec. 2024.

  • Portfolio Holdings v

• Past Returns

  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

  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 31st Dec. 2024.

• Investments

  Top 10 Investments

  • Nab 0 10/18/27 Mtn

    Australia Int Fixed Interest AA-

    9.06%

  • Wstp 0 09/19/29 Mtn

    Australia Int Fixed Interest AA-

    7.67%

  • (Cash) AUD

    Australia Cash and Equivalents AAA

    5.82%

  • Nab 0 03/22/29 Mtn

    Australia Int Fixed Interest AA-

    4.98%

  • Wstp 0 05/14/29 Mtn

    Australia Int Fixed Interest AA-

    4.76%

  • Wstp 0 01/15/29 Mtn

    Australia Int Fixed Interest AA-

    4.6%

  • Nab 0 11/16/28 Mtn

    Australia Int Fixed Interest AA-

    4.58%

  • Wstp 0 09/19/28 Mtn

    Australia Int Fixed Interest AA-

    4.48%

  • Cbaau 0 08/22/29 Mtn

    Australia Int Fixed Interest AA-

    4.31%

  • Nab 6.163 03/09/33 Mtn

    Australia Int Fixed Interest A-

    4.05%

  Type	Target	Actual
  Cash and Cash Equivalents	0.0%	11.63%
  New Zealand Fixed Interest	0.0%	0.0%
  International Fixed Interest	100.0%	88.73%
  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%	-0.35%
  Commodities	0.0%	0.0%

  Investment Mix

  How the money in this fund is invested by asset type.

  This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.