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Mutual Cash Fund (MCTDF)

Investment Objective

To source and actively manage a portfolio of the best deposits offered by ANZ, CBA, NAB, WBC and subsidiaries, with small cash holdings to provide Fund liquidity.

Investment Strategy

 The Fund capitalises on the competition between the Big 4 banks for deposits, targeting capital security for investors and net returns that outperforms the Bloomberg AusBond Bank Bill Index and cash alternatives.

Fund Information

APIR PRM0010AU

Inception Date

Benchmark

Style

September 2011

AusBond Bank Bills

Bank Bills plus 0.50%

Cash

Distributions

Quarterly

Performance Target

$20,000

Risk Profile

Low

Deposits of major Australian Banks

Minimum Investment

0.25% p.a.

Asset Profile

3

Management Fees

2

Buy/Sell Spreads

Interest Rate Duration

Liquidity

Credit Duration Cap

n/a

Low

Daily

n/a

Rating

Zenith Recommended

Lonsec Recommended

1 After Fees, per annum. Bank Bill measured by the Bank Bill Swap Rate.

2 Including GST and net of Reduced Input Tax Credits

3 ANZ, CBA, NAB, WBC

Performance

3 Mths

6 Mths

12 Mths

3 Yrs (p.a.)

5 Yrs (p.a.)

Since Inception (p.a.)

Mutual Cash Fund (MCTDF)

Bloomberg AusBond Bank Bill Index

Relative Performance 

Unit Prices

Net Asset Value

PRM0010AU

Mutual Cash Fund (MCTDF)

Distributions

APIR

PRM0010AU

Mutual Cash Fund (MCTDF)

Platform Availability

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Mutual Limited

Level 17 447 Collins Street

Melbourne Vic 3000

+61 3 8681 1900

+61 413 465 207

 

 mutual@mutualltd.com.au

DISCLAIMER

 

This website provides information to help investors and their advisers assess the merits of investing in financial products. We strongly advise investors and their advisers to read information memoranda and product disclosure statements carefully. The information on this website does not constitute personal advice and does not take into account your investment objectives, financial situation or needs. It is therefore important that if you are considering investing in any financial products and services referred to on this website, you determine whether the relevant investment is suitable for your needs, objectives and financial circumstances. You should also consider seeking independent financial advice, particularly on taxation, retirement planning and investment risk tolerance before making an investment decision.

Neither Mutual Limited, nor any of our associates, guarantee or underwrite the success of any investments, the achievement of investment objectives, the repayment of capital or payment of particular rates of return on investments. Mutual Limited publishes information on the website that to the best of its knowledge is current at the time and is not liable for any direct or indirect losses attributable to omissions from the website, information being out of date, inaccurate, incomplete or deficient in any other way. Investors and their advisers should make their own enquiries before making investment decisions.

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