The Coolabah Short Term Income Active ETF aims to actively exploit mispricings in cash and bond markets to generate daily liquidity returns that exceed a target of the RBA cash rate plus 1.5% to 3.0% pa after all fees with an average A credit rating and near-zero interest rate duration risk. It actively invests in a portfolio of Australian cash securities and bonds, including government bonds, bank and corporate bonds, and hybrid securities, that are hedged to a floating-rate exposure. It targets returns in excess of the RBA cash rate plus 1.5% to 3.0% per annum, after management fees and costs, over a rolling 12 month period.