Yarra Higher Income Fund - Managed Fund

Fund Objective

Over the medium-to-long term, the Fund seeks to earn higher returns than traditional fixed income by investing in a highly diversified floating rate portfolio of predominantly Australian domiciled credit securities.

Fund Strategy

The Fund's investment strategy is to invest in a multi-sector credit portfolio which blends higher risk-adjusted returns across both liquid and less liquid segments, with a strong home bias, predominantly in the Australian credit markets, hedged back to generate an Australian dollar floating rate portfolio.

Fund Performance Comparison

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Peers

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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.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.74%	2.18%	3.76%	8.1%	8.84%	8.45%	6.57%	-%
Growth return	0.33%	0.72%	0.56%	1.3%	2.47%	2.7%	0.88%	-%
Income return	0.41%	1.46%	3.2%	6.8%	6.37%	5.75%	5.69%	-%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return	0.49%	1.25%	1.39%	2.84%	4.39%	2.5%	-0.63%	1.95%

As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Yarra Higher Income Fund

Cash: 9%

Fixed Interest: 91%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 5.43%

Fixed Interest: 92.34%

Australian Equities: 0.06%

International Equities: 0.01%

Property & Infrastructure: 0%

Alternatives: 2.17%

General Information

Fund Details

Type	Description
Fund Name	Yarra Higher Income Fund
Responsible Entity	Yarra Funds Management Limited
APIR Code	JBW4379AU
Sector/Asset Class	Diversified Credit
Morningstar Rating	(as at 31 Aug 2025)
Legal Structure	Investment Fund
Fund Inception	25 Oct 2018
Fund Size	$220.82 million (as at 29 Aug 2025)
Entry Price	$0.9944 (as at 11 Sep 2025)
Exit Price	$0.9924 (as at 11 Sep 2025)
Fund Status	Open

Offer information

Type	Description
MER	0.65% (as at 30 Mar 2025)
Indirect Cost Ratio (ICR)	0.65% (as at 30 Jun 2024)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$10,000.00

Top 10 holdings (as at 31 Jul 2025)

Holding (as at 31 Jul 2025)	Type	% of Portfolio
ANZ Holdings (New Zealand) Ltd Co.	Bond - Corporate Bond	2.64%
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FAQs about the Yarra Higher Income Fund

What is the objective of the Yarra Higher Income Fund managed fund?

The objective of the Yarra Higher Income Fund managed fund is Over the medium-to-long term, the Fund seeks to earn higher returns than traditional fixed income by investing in a highly diversified floating rate portfolio of predominantly Australian domiciled credit securities.

What is the strategy for the Yarra Higher Income Fund managed fund?

The strategy of the Yarra Higher Income Fund managed fund is The Fund's investment strategy is to invest in a multi-sector credit portfolio which blends higher risk-adjusted returns across both liquid and less liquid segments, with a strong home bias, predominantly in the Australian credit markets, hedged back to generate an Australian dollar floating rate portfolio.

What is the APIR code of the Yarra Higher Income Fund managed fund?

The APIR code of the Yarra Higher Income Fund managed fund is JBW4379AU.

What was Yarra Higher Income Fund’s total return last month?

Yarra Higher Income Fund’s total return last month was 0.74%. This was made up of a growth return of 0.33% and an income return of 0.41%. These returns were calculated as at 31 Aug 2025.

What was Yarra Higher Income Fund’s total return for the last three months?

Yarra Higher Income Fund’s total return for the last three months was 2.18%. This was made up of a growth return of 0.72% and an income return of 1.46%%. These returns were calculated as at 31 Aug 2025.

What is Yarra Higher Income Fund’s one-year total return?

Yarra Higher Income Fund’s one-year total return is 8.1%. This was made up of a growth return of 1.3% and an income return of 6.8%. These returns were calculated as at 31 Aug 2025.

What is Yarra Higher Income Fund’s three-year total return?

Yarra Higher Income Fund’s one-year total return is 8.45%. This was made up of a growth return of 2.7% and an income return of 5.75%. These returns were calculated as at 31 Aug 2025.

What is the asset allocation of the Yarra Higher Income Fund managed fund?

The asset allocation of the Yarra Higher Income Fund managed fund is :

Cash: 9%

Fixed Interest: 91%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Who is the responsible Entity of the Yarra Higher Income Fund managed fund?

The Responsible Entity for the Yarra Higher Income Fund managed fund is Yarra Funds Management Limited.

What sector/asset class does the Yarra Higher Income Fund managed fund belong to?

The Yarra Higher Income Fund managed fund belongs to the Diversified Credit sector/asset class.

What is the size of the Yarra Higher Income Fund managed fund?

As at 29 Aug 2025, the size of the Yarra Higher Income Fund managed fund was $220.82 million.

What is the inception date of the Yarra Higher Income Fund managed fund?

The Yarra Higher Income Fund managed fund has an inception date of 25 Oct 2018.

What is the current entry price of the Yarra Higher Income Fund managed fund?

The current entry price of the Yarra Higher Income Fund managed fund is $0.9944 per unit and the current exit price is $0.9924 per unit (as at 11 Sep 2025).

What is the current exit price of the Yarra Higher Income Fund managed fund?

The current exit price of the Yarra Higher Income Fund managed fund is $0.9924 per unit and the current entry price is $0.9944 per unit (as at 11 Sep 2025).

What is the minimum investment amount for the Yarra Higher Income Fund managed fund?

The minimum initial investment amount for the Yarra Higher Income Fund managed fund is $10,000.

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.

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