Funds
IOOF Cash Management Trust (for IDPS investors)
Investment Objective
To provide investors with a stable investment, regular income, ready access to their funds and competitive returns by investing in cash deposits and short-term money market securities. The Trust aims to provide investors with a total investment return (before fees and taxes) that is at least equal to the UBS Bank Bill Index.
Investment Strategy
The Trust mainly invests in high quality short-term money market and bank based securities, to achieve a very stable income stream and attempts to forecast the short-term direction of the interest rate cycle. The Trust does not purchase securities that give rise to material currency risk and therefore no currency hedging is undertaken.
Fund Features
| Inception date | December 2008 |
|---|---|
| APIR code | AUX0021AU |
| Distribution frequency | Quarterly |
| Investment minimum | Refer to your Service Provider |
| Minimum withdrawal | Refer to your Service Provider |
| Volatility / risk | Very low |
| Estimated management cost | 0.41% |
| Regular Investment Plan | Refer to your Service Provider |
| Buy / sell spread | Nil |
| Products available through | BT Wrap |
Performance
No performance data available at this time.
Performance figures reflect Total Returns and are based on month-end exit prices. They assume that all distributions are reinvested and are net of management costs and gross of tax. Please note the Terms and Conditions below in relation to reported performance. Past performance is not a reliable indicator of future performance.
Associated Files
In April 2009, IOOF Holding Limited merged with Australian Wealth Management Limited creating a fully integrated financial services company with offices in every state. Therefore all references to Australian Wealth Management Limited throughout the United Funds Management Product Disclosure Statements should be replaced with IOOF Holdings Limited.