Coolabah Capital Smarter Money Higher Income Fund

ASX mFund: SMF02

APIR: ST0052AU

Performance

Data Current To: 31/07/2020

Information

Company offering the investment.Issuer:	Coolabah Capital Investments
Types of bonds in the Managed Fund.Sector:	Multi
Benchmark representing a sub-section of the market that the ETF aims to replicate.Index:	RBA Cash Rate
Inception Date:	14/08/2014
Strategy:	The Smarter Money Higher Income strategy (SMHI) is a zero duration, short-term fixed-interest investment solution that targets returns that outperform the Reserve Bank of Australia’s cash rate by 1.5% – 3.0% per annum after all fees, over rolling 12 month periods. SMHI primarily invests in a portfolio of Australian deposits and Australian investment-grade bonds (mainly issued by banks) issued by banks and companies. It is a cash plus strategy with a slightly higher return target than the Smarter Money (Active Cash) Fund.

Details

Management Costs:	0.44% p.a.
Administration Fee:	0.25% p.a.
Manager Performance Fee:	22.5% p.a.
Minimum Initial Amount:	$1000
Income Distribution:	Quarterly
Number of Holdings:	78