U Ethical Enhanced Cash Trust

A managed fund with investments including enhanced cash and fixed income securities.

Objective

Aiming to provide consistent income with ready access to your funds

Benefits

  • A diversified ethically screened portfolio
  • Capital stability
  • Funds generally available within 24 hours
  • Who can invest?

    • Individual investors
    • Trustees (including superannuation trustees)
    • Companies
    • Partnerships
  • Minimum investment

    $100

  • Management fees

    1.15% p.a.1

  • Buy/sell spread

    Nil1

  • Income distributions

    Half yearly (30 June, 31 December)

  • Additional contributions

    Anytime by electronic transfer, direct debit or cheque

  • Redemptions

    Daily with funds generally available within 24 hours2

  • APIR code

    UGL0002AU

  • Inception date

    1977

  • Fund Size

    130.81m

1No fees for establishment, contributions, redemptions or exit. From 4 July 2019, management fees are 1.15% p.a and recoverable expenses are 0.05% p.a. The Trust’s investment in the U Ethical Enhanced Cash Portfolio is not charged any management costs

2Requests received before 11.00 a.m. will normally be processed on the date of receipt

U Ethical Enhanced Cash Trust income

For 31 December 2019

Fund 3 months % 6 months % 1 year % 5 year % p.a. 10 years % p.a. 20 years % p.a. Inception % p.a. Inception date Fund size (million)
Enhanced Cash Trust 0.48 1.02 2.16 2.48 3.57 4.26 5.85 1977# 151.53

Past performance is not indicative of future performance.
#Performance only available since December 1979.

U Ethical Enhanced Cash Trust Interest Rate History

Effective Date of Interest Rate Change ​Applicable Interest Rate (% p.a.)
10 January 2020 1.70
23 September 2019 1.90
1 July 2017 2.25
1 September 2016 2.40
1 February 2016 2.60
1 September 2015 2.80
1 April 2015 3.10
1 January 2015 3.35

Indicative income rates are current as at date of publication and are subject to change. The trustee and issuer do not guarantee the repayment of capital or any particular income or distribution rates of its products.

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