InvestSMART

Coolabah Long/Short Opportunities Fund - AI Class - Managed Fund

Fund Objective
This is an absolute return fixed-income strategy focused on exploiting long and short mispricings in credit and bank equity markets. The Fund invests primarily in debt securities, hybrids, Derivatives and bank equities.
Fund Strategy
This is an absolute return fixed-income strategy focused on exploiting long and short mispricings in credit and bank equity markets. The Fund invests primarily in debt securities, hybrids, Derivatives and bank equities.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.25% 0.64% -0.05% 3.69% 0.63% -% -% -%
Growth return -1.41% -2.64% 0% -1.45% -1.19% -% -% -%
Income return 1.16% 3.28% -0.05% 5.14% 1.82% -% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.05% -0.5% -1.79% -0.14% 3.41% 2.01% 0.05% 1.77%
As at 31 Mar 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Coolabah Long/Short Opportunities Fund - AI Class
Cash
4.53%
Fixed Interest
95.47%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
9.23%
Fixed Interest
90.09%
Australian Equities
0.59%
International Equities
-0.04%
Property & Infrastructure
0.12%
Alternatives
0%

General Information

Fund Details
Type Description
Coolabah Long/Short Opportunities Fund - AI Class
ETL6881AU
Bonds - Australia
Not Rated
Investment Fund
1 May 2020
$80.28 million (as at 31 Mar 2026)
$0.9879 (as at 29 Apr 2026)
$0.9874 (as at 29 Apr 2026)
Open
Offer information
Type Description
MER 2.72% (as at 18 Aug 2024)
Indirect Cost Ratio (ICR) 1.72% (as at 30 Jun 2022)
Performance fee (not included in ICR) 1.47
Minimum initial investment $1,000.00
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the Coolabah Long/Short Opportunities Fund - AI Class

The objective of the Coolabah Long/Short Opportunities Fund - AI Class managed fund is This is an absolute return fixed-income strategy focused on exploiting long and short mispricings in credit and bank equity markets. The Fund invests primarily in debt securities, hybrids, Derivatives and bank equities.

The strategy of the Coolabah Long/Short Opportunities Fund - AI Class managed fund is This is an absolute return fixed-income strategy focused on exploiting long and short mispricings in credit and bank equity markets. The Fund invests primarily in debt securities, hybrids, Derivatives and bank equities.

The APIR code of the Coolabah Long/Short Opportunities Fund - AI Class managed fund is ETL6881AU.

Coolabah Long/Short Opportunities Fund - AI Class’s total return last month was -0.25%. This was made up of a growth return of -1.41% and an income return of 1.16%. These returns were calculated as at 31 Mar 2026.

Coolabah Long/Short Opportunities Fund - AI Class’s total return for the last three months was 0.64%. This was made up of a growth return of -2.64% and an income return of 3.28%%. These returns were calculated as at 31 Mar 2026.

Coolabah Long/Short Opportunities Fund - AI Class’s one-year total return is 3.69%. This was made up of a growth return of -1.45% and an income return of 5.14%. These returns were calculated as at 31 Mar 2026.

Coolabah Long/Short Opportunities Fund - AI Class’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2026.

The asset allocation of the Coolabah Long/Short Opportunities Fund - AI Class managed fund is :

Cash
4.53%
Fixed Interest
95.47%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Coolabah Long/Short Opportunities Fund - AI Class managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 Mar 2026, the size of the Coolabah Long/Short Opportunities Fund - AI Class managed fund was $80.28 million.

The Coolabah Long/Short Opportunities Fund - AI Class managed fund has an inception date of 1 May 2020.

The current entry price of the Coolabah Long/Short Opportunities Fund - AI Class managed fund is $0.9879 per unit and the current exit price is $0.9874 per unit (as at 29 Apr 2026).

The current exit price of the Coolabah Long/Short Opportunities Fund - AI Class managed fund is $0.9874 per unit and the current entry price is $0.9879 per unit (as at 29 Apr 2026).

The minimum initial investment amount for the Coolabah Long/Short Opportunities Fund - AI Class managed fund is $1,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.