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.

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
*Bloomberg AusBond Composite 0+ Yr Index,   1Since Jun 1998,   2Annualised

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 (84 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.