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.
3.74%
1 year p.a.
1.41%
Since Inception p.a.
-
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
$155.46m (as at 30 September 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
- 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 issuers
| National Australia Bank |
Bendigo Bank |
Bank of Queensland |
Westpac Banking Corporation |
| BankVic |
As at 30 September 2023
Good Returns news
U Ethical Cash Management Trust - Wholesale performance
As at 30 September 2023
Cash Management Trust - Wholesale
| Performance | Benchmark | |
| 3 months % | 1.10 | 1.04 |
| 6 months | 2.10 | 2.01 |
| 1 year % | 3.74 | 3.60 |
| 3 year % | 1.51 | 1.43 |
| 5 year % | n/a | n/a |
| 10 year % | n/a | n/a |
| 20 year % | n/a | n/a |
| Inception % | 1.41 | 1.34 |
| 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 |
1.10 | 2.10 | 3.74 | 1.51 | n/a | n/a | n/a | 1.41 |
| Benchmark* | 1.04 | 2.01 | 3.60 | 1.43 | n/a | n/a | n/a | 1.34 |
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.
- U Ethical Cash Management Trust - Wholesale September 2023 Quarterly performance review pdf, 135.436 KB
- U Ethical Cash Management Trust Wholesale June 2023 - Quarterly performance review pdf, 125.043 KB
- U Ethical Cash Management Trust - Wholesale March 2023 - Quarterly performance review pdf, 119.273 KB
- U Ethical Cash Management Trust Wholesale December 2022 Quarterly performance review pdf, 118.891 KB
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