Cash Management Trust - R

A managed fund with investments including cash and cash equivalents.

Aim

To generate income and maintain capital stability while limiting harm and creating positive impact through the implementation of U Ethical’s ethical investment policy.

Objective

Compare favourably with comparable cash management trusts.

Outperform benchmark after fees over rolling 1-year periods.

Benefits and risks

  • Suggested minimum investment horizon - 6 months
  • Very low-risk profile
  • Ethically screened portfolio
  • Funds generally available within the next business day2
  • Who can invest?

    • Individual investors
    • Trustees (including superannuation trustees)
    • Partnerships
  • Minimum investment

    $1000

  • Management fees

    0.45% p.a.1

  • Buy/sell spread

    N/A

  • Income distributions

    Half yearly (30 June, 31 December)

  • Additional contributions

    Anytime by BPAY or recurring direct debit

  • Redemptions

    Daily with funds generally available within the next business day2

  • APIR code

    UGF0002AU

  • Inception date

    1 July 2020

  • Benchmark

    RBA cash rate

  • Fund size

    $103.90m (as at 30 June 2022)

  1. No fees for establishment, contributions, redemptions or exit. Management costs apply.
  2. Subject to conditions. Please read the Product Disclosure Statement. Valid redemption requests received before 11.00 am. on a business day will be processed the same business day, subject to the Trust's liquidity.

Top issuers

National Australia Bank

Bendigo Bank

Bank of Queensland

Westpac

Macquarie

As at 30 June 2022.

U Ethical Cash Management Trust - Retail performance

For 30 June 2022

Fund 3 months % 6 months % 1 year % p.a Since inception Inception date Fund size (million)
Cash Management Trust - Retail 0.13 0.17 0.21 0.16 1 July 2020 103.90
Benchmark* 0.11 0.13 0.18 0.17 - -

Past performance is not indicative of future performance. Based on exit price with distributions reinvested, and are net of all fees.
Performance figures stated within reporting for the 6 months ending 31 December 2020 were overstated by 0.21% due to a calculation error. These have now been corrected in the above table.
*Benchmark is RBA cash rate

Cash Management Trust - Retail Distributions

Period To Cash cents per unit paid Non-cash cents per unit paid Total distribution cents per unit
30 June 2022 0.43 0.00 0.43^
31 December 2021 1.20 N/A 1.20*

^Includes 0.169 cents per unit from a special distribution due to the closure of the Enhanced Cash Portfolio.
*Includes 1.17 cents per unit from a special distribution due to the closure of the Enhanced Cash Portfolio. For the full break down of all individual income components please refer to your tax statement.

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