YBRFM REBRANDS, LAUNCHES NEW FUND, LISTS ON ASX

YBRFM REBRANDS, LAUNCHES NEW FUND, LISTS ON ASX MFUND
MEDIA RELEASE
29 September 2014
The specialist fixed-income manager YBR Funds Management Pty Ltd is pleased to announce that it
has completed a rebranding of its business to “Smarter Money Investments Pty Ltd” (“SMI”) in
recognition of strong wholesale demand for SMI’s products.
“This is a natural evolution for us given that over 60 per cent of the money flowing into our funds
has been wholesale”, Darren Harvey, an SMI director and portfolio manager, said.
SMI is 50% owned by its investment team, which comprises two dedicated portfolio managers, three
credit analysts and other support staff. The ASX-listed Yellow Brick Road Holdings (YBR), which has
over 200 retail branch licences nationally, owns the remaining equity.
Matt Lawler, YBR’s CEO, said “SMI is an independent business that is emerging as the cash and fixedincome supplier of choice for many independent financial advisers, institutions and high net
worths. We are also now seeing a number of corporations use the fund as a mid-term treasury
solution. The evolution of its brand reflects this tremendous growth.”
SMI’s first fund, YBR Smarter Money, was launched in February 2012 and has approximately $155
million under management. It has now been rebranded as “Smarter Money Active Cash Fund”.
Smarter Money Active Cash Fund, which has consistently performed in the top quartile of funds in
Morningstar’s “short-term fixed-interest” universe over the last one and two years, was rated for the
first time by the global asset-consulting firm Mercer in August and is listed on numerous platforms,
including Macquarie Wrap, Onevue, Hub24 and Netwealth.
In September the Smarter Money Active Cash Fund was listed on the ASX’s new managed fund
platform, called mFund, which allows investments via a broker that are settled on a t+3 basis
through the ASX’s CHESS system. The ASX mFund code is SMF01.
SMI’s Darren Harvey said flows had already started to come via ASX mFund. “We have been
pleasantly surprised by the amount of support expressed for mFund in the financial adviser
community,” he said.
In another significant business development, SMI is pleased to announce it has launched its second
fixed-income fund on the back of client demand.
"An existing institutional investor in the Smarter Money Active Cash Fund recently asked the SMI
team whether we could create a new option that focussed more on Australian floating-rate notes
with consequently lower allocations to cash," Mr Harvey explained.
This new solution, called the “Smarter Money Higher Income Fund”, was successfully launched in
August with $17 million in seed capital.
SMI has partnered with independent specialists across its business. The Responsible Entity for all of
its funds is Select Fund Services, which oversees $800 million and was recently acquired by the ASX
listed Onevue Holdings (ASX: OVH), which is a leading independent platform and wealth
management solutions supplier. SMI uses the $35 billion administrator, FundBPO, for its fund
administration requirements.
ENDS
For more information, contact:
Chelsea O’Donnell
Head of Marketing & Communications
Yellow Brick Road Wealth Management
T 02 8226 8202
M 0414 704 033
E [email protected]
About Smarter Money Investments
Smarter Money Investments is an independent fixed-income manager established in 2011. Our first
“active cash” solution, called the Smarter Money Active Cash Fund and launched in February 2012,
has a very low risk profile and has grown to over $140 million. Our second fund, called the Smarter
Money Higher Income Fund and launched in August 2014, targets superior returns with a low to
medium risk profile. Our comparative advantages are in active cash management, active bond
selection, and minimising credit and interest rate duration risks. We believe that there is a significant
role for liquid active cash and low duration fixed-interest to play in both individual and institutional
portfolios. Our portfolio managers have over 40 years of experience and are augmented by an
institutional-sized credit research capability that focuses on identifying and mitigating downside
risks. For more information visit www.smitrust.com.au

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