Enhanced Cash Trust - W

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

Aim

To generate income and preserve capital while limiting harm and creating positive impact through the implementation of U Ethical’s ethical investment policy.

Objective

Compare favourably with comparable enhanced cash products.

Outperform benchmark after fees over rolling 2-year periods.

Benefits and risks

  • Suggested minimum investment horizon - 2 years
  • Low-risk profile
  • A diversified ethically screened portfolio
  • Who can invest?

    • Trustees (including superannuation trustees)
    • Companies
    • Partnerships
    • Entities registered as a Tax Concession Charity
    • Individual investors
  • Minimum investment

    $500,000

  • Management costs

    Estimated up to 0.70% p.a.1

  • Buy/sell spread

    0.05% / 0.05%

  • Income distributions

    Half yearly (30 June, 31 December)

  • Additional contributions

    Anytime by electronic transfer or direct debit

  • Redemptions

    Each business day2

  • APIR code

    UGF1128AU

  • Inception date

    1 July 2020

  • Benchmark

    3 month Bank Bill Swap Rate +1%

  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 3.00 p.m. on a business day will be processed the next business day at the price applicable on the day of receipt of the request, subject to the Trust's liquidity.

Top fixed income exposures

National Australia Bank
Bank of Queensland
Macquarie Bank
Bendigo and Adelaide Bank
AMP Bank

As at 31 December 2020

U Ethical Enhanced Cash Trust - Wholesale income

For 31 December 2020

Fund 3 months % p.a. 6 months % p.a. Since inception Inception date Fund size (million)
Enhanced Cash Trust - Wholesale 0.39 0.72 0.72 1 July 2020 488.87
Benchmark* 0.26 0.53 0.53 -


Past performance is not indicative of future performance. Based on exit price with distributions reinvested, and are net of all fees.
On 1 July 2020, the U Ethical Enhanced Cash Portfolio was transitioned to the U Ethical Enhanced Cash Trust - Wholesale.
*Benchmark is 3 Month BBSW + 1.00%

Unit price

Transaction prices for 26 Feb 2021

Funds Entry Exit
Enhanced Cash Trust - Wholesale 1.007 1.006

Quarterly performance review

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

From 1 July 2020, assets of the U Ethical Enhanced Cash Portfolio were transferred into the U Ethical Enhanced Cash Trust (Wholesale), U Ethical Cash Management Trust (Wholesale) and U Ethical Diversified Income Trust (Wholesale). The product distribution data shown is for the U Ethical Enhanced Cash Portfolio up to 31 December 2019.

Enhanced Cash Trust - Wholesale Distributions

Period To Cash cents per unit paid Non-cash cents per unit paid Total distribution cents per unit
31 December 2020 0.30 N/A 0.30

For the full break down of all individual income components please refer to your tax statement

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