Cash Management Trust - Wholesale Wholesale
A managed fund with investments including cash and cash equivalents.
0.68%
1 year p.a.
0.42%
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?
- Entities registered as a Tax Concession Charity
- Companies
- Trustees (including superannuation trustees)
- Partnerships
- Individuals
-
Minimum investment
$500,000
-
Management fees
0.3% 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
UGF5688AU
-
Inception date
1 July 2020
-
Benchmark
RBA cash rate
-
Fund size
$171.50m (as at 30 September 2022)
- 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 issuers
| National Australia Bank |
Bank of Queensland |
Westpac |
Bendigo Bank |
| Macquarie Bank |
As at 30 September 2022.
Good Returns news
U Ethical Cash Management Trust - Wholesale performance
For 30 September 2022
| Fund | 3 months % | 6 months % | 1 year % p.a. | Since inception % p.a. | Inception date | Fund size (million) |
|---|---|---|---|---|---|---|
| Cash Management Trust - Wholesale | 0.45 | 0.61 | 0.68 | 0.42 | 1 July 2020 | 171.50 |
| Benchmark* | 0.47 | 0.57 | 0.62 | 0.37 | - | - |
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 understated by 0.06% 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 - Wholesale September 2022 Quarterly Performance Review pdf, 117.96 KB
- U Ethical Cash Management Trust - Wholesale June 2022 Quarterly Performance Review pdf, 117.35 KB
- U Ethical Cash Management Trust - Wholesale March 2022 Quarterly Performance Review pdf, 117.72 KB
- U Ethical Cash Management Trust - Wholesale December 2021 Quarterly Performance Review pdf, 119.31 KB
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 2022* | 0.24 | 0.00 | 0.24 |
| 31 December 2021 | 0.15 | N/A | 0.15 |
For the full break down of all individual income components please refer to your tax statement
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