What can the Coolabah Global Floating-Rate High Yield PIE Fund actually invest in?
The fund's Statement of Investment Policy and Objectives (SIPO) defines the asset classes it can hold and the allowable target / min / max weights for each.
Strategic asset allocation ranges
| Asset class | Target | Min | Max |
|---|---|---|---|
| Coolabah Global Floating-Rate High Yield Fund (International fixed interest) | 95% | 90% | 110% |
| Cash and cash equivalents (includes funding account) | 5% | -10% | 10% |
Mandate flexibility (sum of max − min across all ranges): 40%. Narrow range — index-tracking style with limited drift.
Derivatives policy
Derivative instruments including currency hedging instruments are permitted investments across all Funds. Underlying funds may use exchange traded and over-the-counter derivatives for hedging and, in some funds, borrowing purposes.