Step 1
Read through offer documents and download the Investment application form. New clients will also need to complete the relevant Know Your Client (KYC) form.
Cash Management Trust - W
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
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Who can invest?
- Entities registered as a Tax Concession Charity
- Companies
- Trustees (including superannuation trustees)
- Partnerships
- Individuals
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Minimum investment
$500,000
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Management fees
0.3% p.a.1
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Buy/sell spread
N/A
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Income distributions
Half yearly (30 June, 31 December)
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Additional contributions
Anytime by electronic transfer or direct debit
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Redemptions
Daily with funds generally available within the next business day2
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APIR code
UGF5688AU
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Inception date
1 July 2020
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Benchmark
RBA cash rate
- No fees for establishment, contributions, redemptions or exit. Management costs apply
- Subject to conditions. Please read the Information Memorandum. 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 fixed income exposures
| National Australia Bank |
| Bank of Queensland |
Macquarie Bank |
| Bendigo and Adelaide Bank |
| HSBC Bank Australia |
As at 31 March 2021.
Please note: The processing of application transactions is on hold until 12 July to enable the completion of end of financial year processes. Redemption transaction requests continue to be accepted over this period.
U Ethical Cash Management Trust - Wholesale income
For 31 December 2020
| Fund | 3 months % p.a. | 6 months % p.a. | Since inception | Inception date | Fund size (million) |
|---|---|---|---|---|---|
| Cash Management Trust - Wholesale | -0.01 | 0.12 | 0.12 | 1 July 2020 | 143.23 |
| Benchmark* | 0.05 | 0.11 | 0.11 | - |
Past performance is not indicative of future performance. Based on exit price with distributions reinvested, and are net of all fees.
*Benchmark is RBA cash rate
Quarterly performance review
Our Quarterly performance reviews include fund performance, an asset allocation breakdown and commentary from portfolio managers.
Cash Management Trust - Wholesale Distributions
| Period To | Cash cents per unit paid | Non-cash cents per unit paid | Total distribution cents per unit |
|---|---|---|---|
| 30 June 2021 | 0.04 | N/A | 0.04 |
| 31 December 2020 | 0.27 | N/A | 0.27 |
For the full break down of all individual income components please refer to your tax statement
Investing for impact
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Step 2
Send in completed form(s) and certified identification by email to info@uethical.com, mail or in person to: U Ethical, Level 6, 130 Lonsdale Street, Melbourne VIC 3000.
Step 3
We’ll complete your account set up, issue your online portal access send confirmation notice of your investment.