SMI is an active manager with a proven track-record of delivering superior risk-adjusted returns in the liquid cash plus & short-term fixed interest asset-classes through bottom-up & top-down quantitative pricing capabilities and relentless qualitative due diligence. SMI's sub-manager is Coolabah Capital, which runs $1.5bn overall
Smarter Money Investments Pty Ltd (SMI) is a leading independent, active fixed-income manager established in 2011 by Christopher Joye, Darren Harvey and their team of portfolio managers and analysts, which sub-manage all of SMI's funds via Coolabah Capital Investments Pty Ltd. In 2016 SMI was a finalist for Money Management/Lonsec’s “emerging fund manager of the year” award. SMI's first active short-term fixed-interest solution, called the Smarter Money Active Cash (SMAC) strategy, was launched in February 2012 and has consistently outperformed peers and alternatives with a 5 Star Morningstar risk-adjusted return rating for its 3 year and 5 year performance. SMI's second active credit solution, called the Smarter Money Higher Income (SMHI) strategy, was publicly launched on 1 October 2014 and has likewise delivered superior returns.
SMI's comparative advantages are in active cash management, active bond selection, top-down and bottom-up quantitative asset pricing and related research, qualitative due diligence, and minimising credit and interest rate duration risks. SMI believes that there is a significant role for liquid active cash and low duration fixed-interest (credit) to play in both individual and institutional portfolios. This is particularly true in a world where interest rates are near record lows and duration risks have elevated to all-time highs. SMI's portfolio managers have decades of fixed-interest trading and research experience and are augmented by an institutional-sized credit research capability that focuses on identifying and mitigating downside risks. The team's investment philosophy fuses both bottom-up and top-down quantitative valuation methods with intensive qualitative due diligence. As the performance analysis here shows, SMAC and SMHI have consistently outperformed their peers and benchmarks.
As at March 2017 the Smarter Money Fund (Platform Inv.) received a five-star Morningstar Rating, based on its assessed 3 year and 5 year risk-adjusted performance within the Morningstar Peer Group - Australian Short Term Fixed Interest – Investment Trust. Morningstar Rating Definition: The Morningstar Rating is an assessment of a fund's past performance - based on both return and risk - which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. Morningstar Disclaimer: Copyright 2017 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or 'class service' have been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at . You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement (Australian products) or Investment Statement (New Zealand products) before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product's future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Ltd ACN 004 523 782 ("ASXO").