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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.

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Markets

Index
Last price
Change
% Change
All Ordinaries 7,297.70 51.90 0.72%
CAC 40 7,278.89 11.25 0.15%
DAX 40 16,201.46 35.01 0.22%
Dow JONES (US) 35,430.42 13.44 0.04%
FTSE 100 7,436.13 12.67 0.17%
HKSE 17,042.88 49.44 0.29%
NASDAQ 14,258.49 23.27 -0.16%
Nikkei 225 33,486.89 165.67 0.50%
NZX 50 Index 11,330.20 94.26 0.84%
S&P 500 4,550.58 4.31 -0.09%
S&P/ASX 200 7,087.30 52.00 0.74%
SSE Composite Index 3,029.67 7.99 0.26%

Market Movers

Name
Last price
Change
% Change
Pilbara Minerals Ltd PLS 3.64 0.08 2.25%
Lendlease Group LLC 6.63 0.04 -0.60%
Telstra Group Ltd TLS 3.82 0.04 1.06%
Car Group Ltd CAR 27.78 0.24 0.87%
South32 Ltd S32 3.08 0.02 0.65%
Scentre Group SCG 2.65 0.02 0.76%
Origin Energy Ltd ORG 8.24 0.16 -1.90%
Westgold Resources Ltd WGX 2.14 0.03 1.42%
BHP Group Ltd BHP 46.30 0.11 0.24%
Stockland Corp Ltd SGP 4.13 0.06 1.47%