Fund Profile: Macquarie True Index Cash Fund

Key Information

APIR codeMAQ0789AU
StatusOpen
Asset classAustralian Cash
Responsible EntityMacquarie Investment Management Aus Ltd.
Fund ManagerMacquarie Investment Management Aus Ltd.
Product typeWholsesale
Legal typeOpen end
Fund inception03 Apr 2006
Fund size$116,690,057
Entry / exit price (2020-06-30)$0.9692 / $0.9692
Minimum initial$500000
Distribution frequencyQuarterly

PDS Objective

The Fund provides exposure to the performance of the UBS Bank Bill Index (Index), and is designed to generate a return equal to the Index returns (True Indexing).

What is this fund?

True Indexing results in pre-tax returns for investors that equal the returns provided by the Index.

What this rating means?

Outstanding : Highly suitable for inclusion on APLs. The fund most often outperforms its peers and benchmark. In all cases the fund is operating to its mandate and product disclosure statement (PDS). There are no corporate governance issues. Management is extremely experienced and skilled and has access to significant resources.

Fees

Management Fee % PA0.0000
ICR % PA0.0000
Entry / Exit %0.0000/0.0000
Switching %0.0000
Buy / Sell Spread 0.00% / 0.00%