Coolabah Floating-Rate Hi Yld AI Class
ETL5010AU
Coolabah Floating-Rate Hi Yld AI Class ETL5010AU Strategy
The Fund focusses on generating higher income than other traditional fixed income investments by investing in a portfolio of investment-grade Australian Floating-Rate Notes (FRNs) and enhancing the yields (or interest-rate) through the use of gearing (or leverage). The FRNs will predominately be Australian bank-issued senior and Tier 2 bonds with an average rating of “A”. However, the Fund also has the capacity to invest in government bonds and corporate bonds.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.
Funds News & Analysis
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Listed Investment Companies monthly performance: January 2025
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Hyperion Asset Management named Fund Manager of the Year
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Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,002.60 | 100.80 | -1.24% |
| CAC 40 | 7,988.96 | 47.05 | 0.59% |
| DAX 40 | 22,676.41 | 347.64 | 1.56% |
| Dow JONES (US) | 41,350.93 | 82.55 | -0.20% |
| FTSE 100 | 8,521.47 | 25.48 | 0.30% |
| HKSE | 23,600.31 | 181.83 | -0.76% |
| NASDAQ | 17,648.45 | 212.35 | 1.22% |
| Nikkei 225 | 36,819.09 | 25.98 | 0.07% |
| NZX 50 Index | 12,239.88 | 171.09 | -1.38% |
| S&P 500 | 5,599.30 | 27.23 | 0.49% |
| S&P/ASX 200 | 7,786.20 | 103.90 | -1.32% |
| SSE Composite Index | 3,371.92 | 7.90 | -0.23% |