The Switzer Higher Yield Fund (Managed Fund) (SHYF or the Fund) is a zero-duration bond fund which aims to provide investors an attractive cash yield with low capital volatility by investing in a portfolio of high quality and liquid fixed income securities.
The portfolio is managed by Coolabah Capital Institutional Investments (Coolabah), a leading active credit manager with 13 analysts and 5 portfolio managers. Coolabah’s founder and CIO is Christopher Joye, one of Australia’s leading economists, policy advisors, and fund managers, and a regular contributor to The Australian Financial Review.
The performance objective of the portfolio is to provide investors with low-risk, quarterly income, and to deliver total returns which are 1.5% to 3.0% greater than the RBA Cash Rate after fees and expenses on a rolling 12-month basis.
