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 December 2020
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 |
|---|---|---|---|
| 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.