Latest Update – 20th Nov ’24 Katherine Coleman
“This filly is doing a very good job. She looks a treat and is coping with everything we are putting to her. She will have a nice soft gallop on Saturday then have an educational jumpout on Tuesday at Pakenham. It will be for experience, just to get a feel of what it’s like to be in amongst other horses and part of the process in her development.”
Sire
Reward For Effort was withdrawn from his services on November 10 2021, deceased. He was trained by Peter Moody & Katherine Coleman, who are based at Pakenham. He was sired by the stallion Exceed And Excel.
Reward For Effort managed to win 4 stakes races in his career including the $1,015,000 Group 1 Blue Diamond Stakes. He has proven a profitable horse for the punters over the journey. If you had backed Reward For Effort throughout his career you’d have achieved a 186% return on investment.
Reward For Effort has concluded its racing career, last running on the 12th Feb 2011 at Caulfield. He sired 670 runners, 438 winner, 11 stakes wins including Gold Symphony, Ability, Brugal Reward, Take Pride, Outlaws Revenge, More Reward, Champagne Dreams and more.
Dam
Gaelic Queen was unraced, She is the half-sister to the veery smart group 3 winner, VAINQUEEN. This is her fifth foal. Dam of 2 foals to race. VAINQUEEN was a 7 time winner including the Group 3 VRC VH Mumm Stakes.
Trainer
Peter Moody is considered a great trainer by most in the industry arguably training the best horse the world has ever witnessed in Black Caviar. Peter Moody stats speak for themselves with 2577 career wins with 56 at Group 1 level amassing over $115 million in prizemoney.
Peter’s strike rate is not short of amazing with a win strike rate of 18% and an incredible Group 1 strike rate of 10%. Peter has engaged with Katherine Coleman as he co-trainer from their training boxes at Pakenham.
Peter Moody has commented, “I am [excited]. I’m a bit tentative about it, I’ve got to learn to get back out there and get on the tools again but not too much has changed,” he said. “I’ve got no doubt I’ll be a better trainer this time around because I’m going to be more relaxed and be able to manage my time much better, and I’ll have a smaller team.
Nominations
Paid up for the $5 million Golden Slipper, $1 million Golden Rose, $2 million Blue Diamond and $200,000 Blue Sapphire.
Costings
Share Price Includes – Purchase Price, Nominations and Bonus Schemes, Clinicals and Mortality Insurance which is covered up to the 30th September 2025.
Ongoing Expenses and MMF: The Ongoing Expenses consist of a $77 flat Monthly Management Fee (MMF) per owner, regardless of share percentage. The remainder of the fees are the Ongoing Expenses for the horse billed monthly, in arears, which are split between the owners based on their percentage held. The following are estimated total monthly costs based on averages, as the Ongoing Expenses for the horse do vary depending on the current whereabouts of the horse i.e. training, spelling etc. The following amounts include both the $77 MMF and the average Ongoing Expenses combined:
- 2.5% – $162 estimated total monthly cost
- 5% – $247 estimated total monthly cost
- 10% – $417 estimated total monthly cost
The first monthly ongoing expense will be due on the 1st January 2025.