APIR: SLT2562AU
Performance
1
Year
Year
2.33
3
Year
Year
5
Year
Year
Since Inception
4.15
Running Yield
2.94
Yield To Maturity
Data Current To: 31/07/2020
Information
Issuer: |
Coolabah Capital Investments |
Sector: |
Multi |
Index: |
RBA Cash Rate |
| Inception Date: | 31/08/2017 |
| Strategy: | The Smarter Money Long-Short Credit Fund (LSCF) is an absolute return fixed-income strategy focused on exploiting long and short mispricings in credit markets. The Fund targets returns above the Reserve Bank of Australia (RBA) cash rate plus 4% to 6% pa over rolling 3 year periods after Management Fees, Administration Fees and Performance Fees. The Fund targets volatility of less than 5% pa and since inception has delivered realised volatility of less than 2% pa. The fund allows leverage up to 75%. The Fund invests primarily in senior and subordinated bonds, hybrids and derivatives. The Fund targets holding the majority of its portfolio in investment-grade quality debt securities. |
Details
| Management Costs: | 0.75% p.a. |
| Administration Fee: | 0.25% p.a. |
| Manager Performance Fee: | 20.5% p.a. |
| Minimum Initial Amount: | $1000 |
| Income Distribution: | Quarterly |
| Number of Holdings: | 76 |
