Cash Management Trust - Wholesale Wholesale

Aim: to generate income and maintain capital stability capital in accordance with U Ethical’s ethical investment policy and ethical investment and stewardship approach.

4.17%

1 year p.a.

1.64%

Since Inception p.a.

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  • Objective

    Outperform benchmark after fees over rolling 1-year periods.

  • Benchmark

    RBA cash rate

  • Suggested minimum investment horizon

    6 months

  • Risk level

    Very low

  • Inception date

    1 July 2020

  • Fund size

    $98.9m (as at 31 December 2023)

  • APIR code

    UGF5688AU

  • Minimum initial investment

    $500,000

  • Distribution frequency

    Half yearly (30 June, 31 December)

  • Management costs

    0.3% p.a.1

  • Buy/sell spread

    N/A

  • Additional contributions

    Anytime by BPAY or recurring direct debit

  • Redemptions

    Daily with funds generally available within the next business day2

  1. No fees for establishment, contributions, redemptions or exit. Management costs apply
  2. 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

Bendigo Bank

Westpac Banking Corporation

Bank of Queensland

BankVic

As at 31 December 2023

U Ethical Cash Management Trust - Wholesale performance

As at 31 December 2023

Cash Management Trust - Wholesale

Performance Benchmark
3 months % 1.15 1.07
6 months 2.26 2.12
1 year % 4.17 3.96
3 year % 1.87 1.78
5 year % n/a n/a
10 year % n/a n/a
20 year % n/a n/a
Inception % 1.64 1.56
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 - Wholesale
1 July 2020
1.15 2.26 4.17 1.87 n/a n/a n/a 1.64
Benchmark* 1.07 2.12 3.96 1.78 n/a n/a n/a 1.56

Past performance is not indicative of future performance.

Performance figures stated ending 31 December 2022 were overstated by 0.07% 3months, 0.08% 6months, 0.09% 1year and 0.04% Since Inception due to a calculation error. These have now been corrected in the above table.
†Based on exit price with distributions reinvested, and are net of all fees.
*Reserve Bank of Australia cash rate.

Quarterly performance reviews

Our quarterly performance reviews include fund performance, an asset allocation breakdown and commentary from portfolio managers.

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