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  5. Macquarie Life Wholesale - Cash - Managed fund profile

Macquarie Life Wholesale - Cash - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform the UBS Australian Bank Bill Index over the short term (before fees) by using a low risk investment strategy.
Fund Strategy
Invests principally in Commonwealth and semi-government securities, bank bills, and other prime quality short-term money-market securities, futures and options over these securities and bank deposits. The maturity profile is managed to position the Fund to take advantage of the directional movement in market interest rates. Security selection is managed to target which part of the yield curve offers the best value in order to maintain any given duration. Benchmark asset allocation is 100% 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 0.04% 0.24% 0.57% 1.21% 1.32% 1.31% 1.48% 2.3%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.37% 1.09% 2.19% -% 4.08% 3.08% 1.93% 1.92%
As at 31 Aug 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie Life Wholesale - Cash
Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
22.84%
Australian Equities
5.55%
International Equities
8.97%
Property
1.84%
Fixed Interest
34.54%
Alternatives
26.26%

General Information

Fund Details
Type Description
Macquarie Life Wholesale - Cash (Wholesale)
Closed
Macquarie Life Limited
MAQ0070AU
Australian Cash
starstarstarstar (as at 31 Mar 2013)
Superannuation Fund
11 Oct 1991
$0 million (as at 31 Aug 2019)
$3.1003 (as at 2 Sep 2019)
$3.1003 (as at 2 Sep 2019)
Finalised
Offer information
Type Description
MER 0.40% (as at 30 Jun 2004)
Indirect Cost Ratio (ICR) 0.40% (as at 30 Jun 2013)
Minimum initial investment $500,000

FAQs about the Macquarie Life Wholesale - Cash

The objective of the Macquarie Life Wholesale - Cash managed fund is The Fund aims to outperform the UBS Australian Bank Bill Index over the short term (before fees) by using a low risk investment strategy.

The strategy of the Macquarie Life Wholesale - Cash managed fund is Invests principally in Commonwealth and semi-government securities, bank bills, and other prime quality short-term money-market securities, futures and options over these securities and bank deposits. The maturity profile is managed to position the Fund to take advantage of the directional movement in market interest rates. Security selection is managed to target which part of the yield curve offers the best value in order to maintain any given duration. Benchmark asset allocation is 100% cash.

The APIR code of the Macquarie Life Wholesale - Cash managed fund is MAQ0070AU.

Macquarie Life Wholesale - Cash’s total return last month was 0.04%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2019.

Macquarie Life Wholesale - Cash’s total return for the last three months was 0.24%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Aug 2019.

Macquarie Life Wholesale - Cash’s one-year total return is 1.21%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2019.

Macquarie Life Wholesale - Cash’s one-year total return is 1.31%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2019.

The asset allocation of the Macquarie Life Wholesale - Cash managed fund is :

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

The Responsible Entity for the Macquarie Life Wholesale - Cash managed fund is Macquarie Life Limited.

The Macquarie Life Wholesale - Cash managed fund belongs to the Australian Cash sector/asset class.

As at 31 Aug 2019, the size of the Macquarie Life Wholesale - Cash managed fund was $0 million.

The Macquarie Life Wholesale - Cash managed fund has an inception date of 11 Oct 1991.

The current entry price of the Macquarie Life Wholesale - Cash managed fund is $3.1003 per unit and the current exit price is $3.1003 per unit (as at 2 Sep 2019).

The current exit price of the Macquarie Life Wholesale - Cash managed fund is $3.1003 per unit and the current entry price is $3.1003 per unit (as at 2 Sep 2019).

The minimum initial investment amount for the Macquarie Life Wholesale - Cash managed fund is $500,000.

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.