Coolabah Short Term Income PIE Fund
Managed by Coolabah PIE tax treatment — capped at your PIR (max 28%)
This fund is a Portfolio Investment Entity (PIE) under Subpart HM of the Income Tax Act 2007. Income is taxed at your Prescribed Investor Rate (10.5% / 17.5% / 28%), not your marginal income-tax rate. The fund manager calculates and pays the tax on your behalf — when your PIR is correct, you usually don't need to declare PIE income in your annual tax return. See our PIR guide and PIE tax basics for the full picture, or use the PIR calculator to confirm your rate.
Annual fund charge
0.67%
vs peer avg 0.65%
Risk indicator
2/7
1 = lower risk · 7 = higher risk
5-year return p.a.
Less than 5 years of data
peer avg 1.17%
Fund size
NZ$139.2m
0% growth · 100% income
The fund provides exposure to an actively managed, diversified portfolio that aims to take advantage of investment opportunities within the Australian and global cash and fixed-income markets. The fund currently invests in an underlying fund managed by Coolabah Capital Investments (Retail) Pty Limited (Investment Manager) and targets a position of being fully hedged back to New Zealand dollars.
Key facts
Fund start date
9 December 2021
Min. investment
NZ$1,000
Tax structure
PIE
Capped at your PIR (max 28%)
How this fund compares to peers
Mechanical comparison vs the 31 other international fi funds in our cohort. Source: FMA Disclose register via Sorted Smart Investor. Past performance is not a reliable indicator of future returns.
Annual fund charge
0.67%
Category median: 0.70%
Cheaper than 53% of peers
Fund size
NZ$139.2m
Category median: NZ$141.0m
47th percentile by AUM
Illustrative 5y fee impact on a sample balance of $10,000
$331
Compounded charge over 5 years (excl. returns)
$15 less than peer median
Mechanical scores only — no opinion or recommendation. Different funds suit different investor goals. ManagedFundsNZ is not a Financial Advice Provider. Read the current PDS and consider speaking to a licensed financial adviser.
Top 10 holdings
As at the latest published quarterly fund update (via Sorted Smart Investor).
| Holding | % of fund |
|---|---|
| PC PIE Cash | 6.09% |
| N2 NRMBS 2026-1 A1 5.0815 | 2.87% |
| M2 MEDL 2025-1 A 4.82 | 2.05% |
| C0 CBAAU 0 01/09/30 MTn | 2.00% |
| C0 CBAAU 0 11/21/28 MTN | 1.99% |
| I2 IDOLT 2025-1 A 4.9064 | 1.83% |
| W0 WSTP 0 02/16/28 MTn | 1.72% |
| W0 WSTP 0 09/19/28 MTN | 1.69% |
| W0 WSTP 0 09/19/29 MTN | 1.67% |
| C0 CBAAU 0 08/17/28 MTN | 1.59% |
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
- COOLABAH SHORT TERM INCOME PIE FUND (FND36215) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 0.59 KB
- Coolabah Investment Funds PDS 9 April 2026.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 453.34 KB
- 20260331 Coolabah Short Term Income PIE QFU.pdf The quarterly update published by the provider PDF, 469.42 KB
- Coolabah Investment Funds OMI 9 April 2026.pdf Other Material Information document PDF, 374.82 KB
- Coolabah Investment Funds SIPO 9 April 2026.pdf Statement of investment policy and objectives PDF, 423.91 KB
About this category
Funds investing in fixed-income securities issued outside New Zealand, typically with currency hedging back to NZD.
About Coolabah
Australian active-credit specialist with composite bond, floating-rate and long-short credit PIE funds for NZ investors.
See all funds from Coolabah →Head-to-head
Compare Coolabah Short Term Income PIE Fund with…
Side-by-side numbers — fees, returns, risk, fund size, asset mix.
Peer funds
Other International FI funds
AI & integrations
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Frequently asked questions
Mechanical Q&A grounded in the fund's PDS, SIPO, and latest QFU on the FMA Disclose register. Verify against the source before relying on any of this.
Who manages the Coolabah Short Term Income PIE Fund?
Coolabah Short Term Income PIE Fund is managed by Coolabah. Australian active-credit specialist with composite bond, floating-rate and long-short credit PIE funds for NZ investors.
What asset class is the Coolabah Short Term Income PIE Fund?
It is a international fi managed fund. The fund has a conservative risk profile. Funds investing in fixed-income securities issued outside New Zealand, typically with currency hedging back to NZD.
What are the fees for the Coolabah Short Term Income PIE Fund?
The annual fund charge for the Coolabah Short Term Income PIE Fund is 0.67% p.a., as reported in the latest Quarterly Fund Update sourced from the FMA Disclose register. Always check the current PDS for any additional fees.
What is the risk indicator for the Coolabah Short Term Income PIE Fund?
The risk indicator is 2/7 on the standardised FMA-mandated scale, where 1 is lower risk and 7 is higher risk. The risk indicator is calculated from the fund's price volatility over the past five years and is published in every Quarterly Fund Update.
Is the Coolabah Short Term Income PIE Fund a PIE fund?
Yes. The Coolabah Short Term Income PIE Fund is structured as a New Zealand Portfolio Investment Entity (PIE). Investor tax on the fund's income is capped at the investor's Prescribed Investor Rate (PIR), which has a maximum of 28%. Most NZ-resident retail investors with a taxable income at or below NZ$48,000 qualify for a lower PIR.
How big is the Coolabah Short Term Income PIE Fund?
Fund size (assets under management) is NZ$139 million as at the latest Quarterly Fund Update. Asset mix is approximately 0% growth assets and 100% income assets.
What does the Coolabah Short Term Income PIE Fund invest in?
The latest published top holdings are: PIE Cash (6.09%), NRMBS 2026-1 A1 5.0815 (2.87%), MEDL 2025-1 A 4.82 (2.05%). Holdings are disclosed in each Quarterly Fund Update; the full portfolio holdings file is also available via the FMA Disclose register.
How can I invest in the Coolabah Short Term Income PIE Fund?
The Coolabah Short Term Income PIE Fund is available via InvestNow, Coolabah directly. Always read the current Product Disclosure Statement before investing.