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  5. ASSET AP - Cash - Managed fund profile

ASSET AP - Cash - Managed Fund (Closed)

Fund Objective
To maintain the invested capital and to achieve a rate of return (before tax and investment management fees) comparable to that available on bank bills (measured by the UBSA bank Bill Index) over a 1 year period.
Fund Strategy
Invests wholly in cash.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.24% 0.9% 1.91% 4.18% 4.45% 4.41% 4.02% 4.61%
Growth return 0.24% 0.9% 1.91% 4.18% 4.45% 4.41% 4.02% 4.61%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.32% 0.94% 2% 4.25% 4.32% 4% 2.47% 2.06%
As at 30 Sep 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ASSET AP - Cash
Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
20.02%
Australian Equities
0.03%
International Equities
0.03%
Fixed Interest
79.26%
Alternatives
0.66%

General Information

Fund Details
Type Description
ASSET AP - Cash
Closed
A.S.S.E.T. Limited
ASS0111AU
Australian Short Term Fixed Interest
starstarstar (as at 30 Sep 2012)
Allocated Pension
1 Jul 1995
$20 million (as at 30 Sep 2012)
$1.8155 (as at 19 Oct 2012)
$1.8155 (as at 19 Oct 2012)
Finalised
Offer information
Type Description
MER 0.34% (as at 31 Dec 2005)
Indirect Cost Ratio (ICR) 0.34% (as at 30 Jun 2012)
Minimum initial investment $20,000
Minimum redemption amount $1,000.00

FAQs about the ASSET AP - Cash

The objective of the ASSET AP - Cash managed fund is To maintain the invested capital and to achieve a rate of return (before tax and investment management fees) comparable to that available on bank bills (measured by the UBSA bank Bill Index) over a 1 year period.

The strategy of the ASSET AP - Cash managed fund is Invests wholly in cash.

The APIR code of the ASSET AP - Cash managed fund is ASS0111AU.

ASSET AP - Cash’s total return last month was 0.24%. This was made up of a growth return of 0.24% and an income return of 0%. These returns were calculated as at 30 Sep 2012.

ASSET AP - Cash’s total return for the last three months was 0.9%. This was made up of a growth return of 0.9% and an income return of 0%%. These returns were calculated as at 30 Sep 2012.

ASSET AP - Cash’s one-year total return is 4.18%. This was made up of a growth return of 4.18% and an income return of 0%. These returns were calculated as at 30 Sep 2012.

ASSET AP - Cash’s one-year total return is 4.41%. This was made up of a growth return of 4.41% and an income return of 0%. These returns were calculated as at 30 Sep 2012.

The asset allocation of the ASSET AP - Cash managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the ASSET AP - Cash managed fund is A.S.S.E.T. Limited.

The ASSET AP - Cash managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 30 Sep 2012, the size of the ASSET AP - Cash managed fund was $20 million.

The ASSET AP - Cash managed fund has an inception date of 1 Jul 1995.

The current entry price of the ASSET AP - Cash managed fund is $1.8155 per unit and the current exit price is $1.8155 per unit (as at 19 Oct 2012).

The current exit price of the ASSET AP - Cash managed fund is $1.8155 per unit and the current entry price is $1.8155 per unit (as at 19 Oct 2012).

The minimum initial investment amount for the ASSET AP - Cash managed fund is $20,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.