To generate income and preserve capital while limiting harm and creating positive impact through the implementation of U Ethical’s ethical investment policy.
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)
- Entities registered as a Tax Concession Charity
- Individual investors
Estimated up to 0.70% p.a.1
0.05% / 0.05%
Half yearly (30 June, 31 December)
Anytime by BPAY or recurring direct debit
Each business day2
1 July 2020
3 month Bank Bill Swap Rate +1%
$378.79m (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 1.00 p.m. on a business day will be processed within 2 business days at the price applicable on the day of receipt of the request, subject to the Trust's liquidity.
|National Australia Bank|
Commonwealth Bank of Australia
Westpac Banking Corporation
Bank of Queensland
Australia and New Zealand Banking Group
As at 30 June 2022.
*Only considers fixed-income securities
Past performance is not indicative of future performance. Based on exit price with distributions reinvested, and are net of all fees.
*Prior to May 19 2021, the Enhanced Income Trust - Wholesale was called the Enhanced Cash Trust - Wholesale. From March 1990 to 30 June 2020, performance is that of the U Ethical Enhanced Cash Portfolio (the Portfolio) calculated upon distributions reinvested quarterly, including franking credits and benchmarked against 50% Bloomberg AusBond Bank Bill index/50% AusBond composite 0-3year index. On 1 July 2020, the Portfolio was transferred into a unit trust, the U Ethical Enhanced Income Trust (Wholesale) benchmarked against the 3 Month Bank Bill Swap Rate +1.00% index, excluding franking credits. Where time horizons require, performance reflected is a blend of the two products and benchmarks stated.
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. On May 19 2021, the name of the Trust was changed to the U Ethical Enhanced Income Trust - Wholesale.
For the full break down of all individual income components please refer to your tax statement
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