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  5. MLC Cash Management - Managed fund profile

MLC Cash Management - Managed Fund

Fund Objective
The objectives of the Trust are to provide investors with a stable investment and regular income by investing in a range of a cash deposits and short-term money market securities. The Trust aims to provide competitive returns for investors with a total investment return (before fees) that exceeds or is at least equal to the UBSA Bank Bill Index.
Fund Strategy
The Trust predominantly invests in high quality short-term money market and bank based securities, to achieve a very stable income stream and attempts to forecast the short-term direction of the interest rate cycle.

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 0.36% 1.11% 2.23% 4.5% 4.07% 2.94% 1.91% 2.01%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC Cash Management
Cash
100%

General Information

Fund Details
Type Description
MLC Cash Management (Wholesale)
PIM0002AU
starstarstarstar (as at 31 Mar 2013)
Unknown
15 Sep 2003
$127.49 million (as at 31 Oct 2024)
n/a
$1
Open
Offer information
Type Description
MER 0.30% (as at 30 Nov 2023)
Indirect Cost Ratio (ICR) 0.30% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $100,000
Minimum redemption amount

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
Ioof Cash Management Trust Cash 99.52%
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FAQs about the MLC Cash Management

The objective of the MLC Cash Management managed fund is The objectives of the Trust are to provide investors with a stable investment and regular income by investing in a range of a cash deposits and short-term money market securities. The Trust aims to provide competitive returns for investors with a total investment return (before fees) that exceeds or is at least equal to the UBSA Bank Bill Index.

The strategy of the MLC Cash Management managed fund is The Trust predominantly invests in high quality short-term money market and bank based securities, to achieve a very stable income stream and attempts to forecast the short-term direction of the interest rate cycle.

The APIR code of the MLC Cash Management managed fund is PIM0002AU.

MLC Cash Management’s total return last month was 0.36%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

MLC Cash Management’s total return for the last three months was 1.11%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Oct 2024.

MLC Cash Management’s one-year total return is 4.5%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

MLC Cash Management’s one-year total return is 2.94%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the MLC Cash Management managed fund is :

Cash
100%

As at 31 Oct 2024, the size of the MLC Cash Management managed fund was $127.49 million.

The MLC Cash Management managed fund has an inception date of 15 Sep 2003.

The current entry price of the MLC Cash Management managed fund is $ per unit and the current exit price is $1 per unit (as at ).

The current exit price of the MLC Cash Management managed fund is $1 per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the MLC Cash Management managed fund is $100,000.

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.