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
funds
Listed Investment Companies monthly performance: June 2025
The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).
funds
Listed Investment Companies monthly performance: May 2025
The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,103.10 | 47.20 | -0.52% |
| CAC 40 | 7,804.97 | 51.55 | 0.66% |
| DAX 40 | 24,185.59 | 160.81 | 0.67% |
| Dow JONES (US) | 44,767.28 | 308.67 | 0.69% |
| FTSE 100 | 9,165.23 | 17.42 | 0.19% |
| HKSE | 25,613.67 | 643.99 | 2.58% |
| NASDAQ | 21,701.54 | 19.64 | 0.09% |
| Nikkei 225 | 43,274.67 | 556.50 | 1.30% |
| NZX 50 Index | 12,766.54 | 6.86 | 0.05% |
| S&P 500 | 6,453.32 | 7.56 | 0.12% |
| S&P/ASX 200 | 8,827.10 | 53.70 | -0.60% |
| SSE Composite Index | 3,683.46 | 17.55 | 0.48% |