Fact Sheet
As at March 2024
As at March 2024
Yarra Income Plus Fund
APIR: JBW0016AU
Manager Summary
Yarra Capital Management was established in 2007 following the management buyout of Goldman Sachs Asset Management's Australian investment capabilities and is backed by TA Associates, a global private equity firm with a history of investing in fund managers.
The firm is led by Dion Hershan (MD and Head of Australian Equities), Katie Hudson (Portfolio Manager and Head of Australian Equities Research), Roy Keenan (Head of Australian Fixed Income) and Brett Davidson (COO). The team comprises 15 investment professionals.
The firm is led by Dion Hershan (MD and Head of Australian Equities), Katie Hudson (Portfolio Manager and Head of Australian Equities Research), Roy Keenan (Head of Australian Fixed Income) and Brett Davidson (COO). The team comprises 15 investment professionals.
Strategy Summary
The Yarra Capital Income Plus Fund is designed to provide regular income and achieve medium term capital growth through exposure to cash, money market products, domestic fixed interest and a range of high yielding investments, including domestic hybrid investments, property infrastructure, utilities securities and international fixed interest assets. In doing so, the aim is to outperform the Bloomberg AusBond Bank Bill index over rolling 3-year periods.
Key Terms
| Status: | Open | Inception Date: | May 1998 |
| Strategy: | Fixed Income | Style: | Value |
| Geography: | Australia/Global | Domicile: | Australia |
| Investors: | Wholesale & Retail | Min. Investment: | AU$ 50,000 |
| Distributions: | Quarterly | Applications: | Daily |
| Fund Size: | AU$ 74.2m | Management Fee: | 0.68% |
| Manager FUM: | AU$ 6,700m | Performance Fee: | 0.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 1.49% | 1.12% | Sharpe1: | 0.53 | 0.31 |
| 1 Year: | 7.12% | 1.47% | Sortino1: | 0.69 | 0.43 |
| 3 Years1,2: | 3.66% | -1.29% | Best Month1: | 2.93% | 4.12% |
| 5 Years1,2: | 2.92% | 0.17% | Worst Month1: | -7.07% | -3.75% |
| Inception1,2: | 5.42% | 4.70% | Volatility1,2: | 3.42% | 3.66% |
| Up-Capture1: | 49% | N/A | Down-Capture1: | -3% | N/A |
Cumulative Returns Fund Index
Yarra Income Plus Fund - Cumulative Performance vs Bloomberg AusBond Composite 0+ Yr Index
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Fixed Income - Bonds Peer Group (85 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
Yarra Income Plus Fund
Bloomberg AusBond Composite 0+ Yr Index
Quintile Rankings display Key Performance Indicators (KPI's) against the fund's Peer Group. Each green square ranks the fund in one quintile (or 20%) of its peer group - five green squares indicate the fund is in the best quintile for each KPI. The performance of the peer group's underlying index is shown by a red dot.