Cash Management Trust - Retail Retail
A managed fund with investments including cash and cash equivalents.
2.11%
1 year p.a.
0.83%
Since Inception p.a.
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
$94.5m (as at 31 March 2023)
- No fees for establishment, contributions, redemptions or exit. Management costs apply.
- 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 |
Westpac Banking Corporation |
Bank of Queensland |
Bendigo Bank |
Bank of Vic |
As at 31 March 2023
Good Returns news
U Ethical Cash Management Trust - Retail performance
As at March 2023
Cash Management Trust - Retail
Performance | Benchmark | |
3 months % | 0.83 | 0.83 |
6 months | 1.54 | 1.55 |
1 year % | 2.11 | 2.14 |
3 year % | n/a | n/a |
5 year % | n/a | n/a |
10 year % | n/a | n/a |
20 year % | n/a | n/a |
Inception % | 0.83 | 0.86 |
Funds | 3 months % |
6 months % |
1 year % |
3 year % p.a. |
5 year % p.a. |
10 year % p.a. |
20 year % p.a. |
Inception % p.a. |
---|---|---|---|---|---|---|---|---|
Cash Management Trust - Retail 1 July 2020 |
0.83 | 1.54 | 2.11 | n/a | n/a | n/a | n/a | 0.83 |
Benchmark* | 0.83 | 1.55 | 2.14 | n/a | n/a | n/a | n/a | 0.86 |
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
Quarterly performance review
Our Quarterly performance reviews include fund performance, an asset allocation breakdown and commentary from portfolio managers.
- U Ethical Cash Management Trust - Retail March 2023 - Quarterly Performance Review pdf, 119.34 KB
- U Ethical Cash Management Trust Retail December 2022 Quarterly Performance Review pdf, 118.92 KB
- U Ethical Cash Management Trust - Retail September 2022 Quarterly Performance Review pdf, 117.99 KB
- U Ethical Cash Management Trust - Retail June 2022 Quarterly Performance Review pdf, 131.03 KB
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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