Funds

Coolabah Active Composite Bond PIE Fund

Total Ethical Concerns: 0.77%

The average total concerns of all managed defensive funds is 1.99%.

Companies of Concern

  • Human Rights Violations 0.77%

    • Wells Fargo
      0.50%
      0.50%
    • Ubs
      0.27%
      0.27%

From the Fund Provider

  • About this fund

    About this Fund

    The fund offers an actively managed fixed-income strategy focused on mispricings in government and corporate bond markets 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 $44.9M NZD
    Period of data report 31st March 2025
    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

    Christopher Joye

    Currently: Chief Investment Officer & Portfolio Manager (13 years, 7 months)
    Previously: Chief Investment Officer, Riskmark International (6 years, 8 months)

    Ashley Kabel

    Currently: Portfolio Manager & Quant Analyst (8 years, 0 months)
    Previously: Director of Research – Systematic Strategies, The Cambridge Strategy (Asset Management) (4 years, 2 months)

    Roger Douglas

    Currently: Senior Portfolio Manager (2 years, 4 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 March 2025.

  • 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
    2025 3.87% 3.92%

    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 March 2025.

  • Investments

    Top 10 Investments

    • Nab 0 10/18/27 Mtn

      Australia Int Fixed Interest AA-

      7.4%
    • Wstp 0 09/19/29 Mtn

      Australia Int Fixed Interest AA-

      6.38%
    • (Cash) AUD

      Australia Cash and Equivalents AAA

      5.15%
    • Wstp 0 05/14/29 Mtn

      Australia Int Fixed Interest AA-

      4.63%
    • Nab 0 03/22/29 Mtn

      Australia Int Fixed Interest AA-

      4.27%
    • Nab 0 11/25/27 Mtn

      Australia Int Fixed Interest AA-

      4.27%
    • Wstp 0 01/15/29 Mtn

      Australia Int Fixed Interest AA-

      3.97%
    • Nab 0 11/16/28 Mtn

      Australia Int Fixed Interest AA-

      3.79%
    • Wstp 0 09/19/28 Mtn

      Australia Int Fixed Interest AA-

      3.57%
    • Nab 6.163 03/09/33 Mtn

      Australia Int Fixed Interest A-

      3.51%
    Type Target Actual
    Cash and Cash Equivalents 10.0% 9.95%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 90.0% 89.91%
    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% 0.15%
    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 March 2025.

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 2025 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.

Issues of Concern

  • 0.0% Animal Cruelty
  • 0.77% Human Rights Violations
  • 0.0% Social Harm
  • 0.0% Fossil Fuels
  • 0.0% Weapons
  • 0.0% Environmental Harm

Companies of Concern

  • Human Rights Violations

    • Wells Fargo
      0.50%
      0.50%
    • Ubs
      0.27%
      0.27%

About this Fund

The fund offers an actively managed fixed-income strategy focused on mispricings in government and corporate bond markets 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 $44.9M NZD
Period of data report 31st March 2025
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

Christopher Joye

Currently: Chief Investment Officer & Portfolio Manager (13 years, 7 months)
Previously: Chief Investment Officer, Riskmark International (6 years, 8 months)

Ashley Kabel

Currently: Portfolio Manager & Quant Analyst (8 years, 0 months)
Previously: Director of Research – Systematic Strategies, The Cambridge Strategy (Asset Management) (4 years, 2 months)

Roger Douglas

Currently: Senior Portfolio Manager (2 years, 4 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 March 2025.

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
2025 3.87% 3.92%

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 March 2025.

Top 10 Investments

  • Nab 0 10/18/27 Mtn

    Australia Int Fixed Interest AA-

    7.4%
  • Wstp 0 09/19/29 Mtn

    Australia Int Fixed Interest AA-

    6.38%
  • (Cash) AUD

    Australia Cash and Equivalents AAA

    5.15%
  • Wstp 0 05/14/29 Mtn

    Australia Int Fixed Interest AA-

    4.63%
  • Nab 0 03/22/29 Mtn

    Australia Int Fixed Interest AA-

    4.27%
  • Nab 0 11/25/27 Mtn

    Australia Int Fixed Interest AA-

    4.27%
  • Wstp 0 01/15/29 Mtn

    Australia Int Fixed Interest AA-

    3.97%
  • Nab 0 11/16/28 Mtn

    Australia Int Fixed Interest AA-

    3.79%
  • Wstp 0 09/19/28 Mtn

    Australia Int Fixed Interest AA-

    3.57%
  • Nab 6.163 03/09/33 Mtn

    Australia Int Fixed Interest A-

    3.51%
Type Target Actual
Cash and Cash Equivalents 10.0% 9.95%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 90.0% 89.91%
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% 0.15%
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 March 2025.