Funds
IOOF MultiMix Cash Enhanced Trust
Investment Objective
To provide stable returns with low risk over the short term, by investing in a range of cash and short term securities, and to achieve a total return after fees in excess of the UBSA Bank Bill Index over a rolling one-year period.
Investment Strategy
The Trust generally gains its investment exposure by investing in a portfolio of domestic cash investment managers.
The Trust is designed to provide investors with returns higher than a fund invested purely in cash, and in excess of the UBSA Bank Bill Index.
The Trust aims to be fully invested with exposure to cash and short term securities at all times.
The underlying investments of the Trust may comprise of bank bills and other short term money market securities, such as short term loans to banks, corporates and Australian governments, which are considered to be secure investment.
Fund Features
| Inception date | 28 April 2008 |
|---|---|
| APIR code | IOF0091AU |
| Distribution frequency | Quarterly |
| Investment minimum | Initial investment: $25,000 |
| Minimum withdrawal | No minimum |
| Volatility / risk | Low |
| Management cost 1 | 0.35% |
| Regular Investment Plan | Not available in this product |
| Buy / sell spread | 0.00% |
| Products available through | Pursuit, IOOF Portfolio Service, LifeTrack, Spectrum Super and AustChoice Super |
Performance
To view performance data for the IOOF MultiMix Cash Enhanced Trust, please click here
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.
Underlying Sector Managers
| Diversified fixed interest |
| Perennial Fixed Interest Partners Pty Ltd |
Associated Files
1 The management cost listed above is effective 30 September 2011 (the issue date of the RPDS). This fee currently includes the investment management fee and expense recoveries (excluding any unusual or non-recurrent expenses). Fees paid to underlying investment managers are currently paid out of the investment mangement fees and are not an additional charge to investors. Please refer to the RPDS for full details on fees and costs.
Some underlying investment managers may charge performance fees from time to time. It is not possible to determine the actual performance fees that may apply for reasons detailed on page 23 of the MultiMix PDS. Estimated Performance Fees and Total Management Costs (including estimated performance fees) are provided on page 22 of the MultiMix PDS for indicative purposes only and are subject to change without prior notice.
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