Coolabah FIXD ETF (Cboe:FIXD)

Coolabah Active Composite Bond Fund (Hedge Fund)

About the FIXD ETF

FIXD is a long duration, A to AA rated, daily liquidity, fixed-income strategy. Cannot invest in hybrids or sub investment grade.

FIXD ETF Performance Review

6.84

2.67

1.24

3.31

6.24

Data Current To: 28/02/2025

Our review of FIXD ETF

High quality, liquid portfolio

Can invest in 100% cash through to 100% hedge all credit risk

Gearing permitted which can magnify gains and losses

The fund can use derivatives and short sell

Hedged

What we like about the FIXD ETF

Daily liquidity and redemptions

Fund has consistently outperformed its benchmark

Things to be aware of about the FIXD ETF

Performance fee of 20.5% of the amount that exceeds the Bloomberg AusBond Composite 0+ Yr Index plus management fees of 0.30% p.a. (Benchmark), subject to a high water mark.

No split by credit rating

No yield to maturity provided

FIXD ETF Investment Strategy

FIXD seeks to deliver superior risk-adjusted returns to the Bloomberg AusBond Composite Bond Index through harnessing Coolabah’s active credit alpha style that focusses on systematically exploiting mispricings to generate capital gains in addition to yield.

What does the FIXD ETF Invest In?

FIXD is a Multi Sector ETF.

Bank deposits, term deposits, and investment-grade bonds issued by banks and companies

FIXD ETF Credit Quality

The average credit quality of the FIXD ETF is A+.

FIXD Frequently Asked Questions

What index does the FIXD ETF aim to replicate?

The FIXD ETF aims to replicate the Bloomberg AusBond Composite 0+ Yr Index.

How often does FIXD ETF pay distributions?

The distribution frequency of FIXD is Quarterly.

When did the FIXD ETF start?

The inception date of the FIXD ETF was 01/03/2017.

What are the net assets of the FIXD ETF?

FIXD has net assets of $514.6m (AUD) as of 28/02/2025.

What are the number of holdings in the FIXD ETF?

Total number of holdings in FIXD is 184 as of 28/02/2025.

What are the management fees for the FIXD ETF?

The annual management fees for the FIXD ETF are 0.3% p.a. Learn more about ETF fees in this article.

How can I invest in the FIXD ETF?

FIXD is an Exchange Traded Fund, and units may be bought or sold on the Cboe like shares. Learn how to buy and sell ETFs in this article.

Does the FIXD ETF have a minimum investment amount?

No, there is no minimum to invest in the Coolabah Capital Investments (CCI) FIXD ETF. Exchange Traded Funds in general do not have a minimum investment amount required by the issuer. However, if you choose to invest through a broker, they may choose to set their own minimum investment amount.

Are there any performance fees associated with the FIXD ETF?

No, FIXD has no performance fee. This is one of the advantages of Exchange Traded Funds, as they are traded like shares, you’ll generally only pay a commission to buy or sell units and an ongoing management fee.

About The Issuer Of The FIXD ETF: Coolabah Capital Investments (CCI)

Coolabah Capital Investments (CCI) is a leading global active fixed-income manager with over $14 billion in funds under management that is responsible for numerous institutional mandates, the Smarter Money Investments’ product suite, the Coolabah Active Composite Bond Complex ETF (CBOE: FIXD), the Coolabah Short Term Income Active ETF (CBOE: FRNS), the Coolabah Global Floating-Rate High Yield Complex ETF (CBOE: YLDX) and the BetaShares Australian Hybrids Active ETF (ASX: HBRD).