InvestSMART

Advance Cash Multi-blend - Managed Fund

Fund Objective
The Fund seeks to provide investors with a total investment return (before fees and taxes) that outperforms the benchmark over one year, maintaining liquidity, avoiding unnecessary risk and therefore seeking to maintain capital value.
Fund Strategy
The Fund invests in various types of money market and short dated Australian fixed interest securities and instruments. Liquidity, credit and duration risks are managed by analysing the monetary policy cycle and other economic factors.

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 0.4% 1.13% 2.24% 4.15% 2.9% 1.95% 1.59% 2.01%
Growth return 0.35% -0.01% 0.2% 0.04% 0.23% 0.11% 0.07% 0%
Income return 0.05% 1.14% 2.04% 4.11% 2.67% 1.84% 1.52% 2.01%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.34% 1.07% 2.12% 4.15% 3.15% 2.11% 1.51% 1.81%
As at 31 Jan 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance Cash Multi-blend
Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
48.82%
Australian Equities
6.16%
International Equities
8.99%
Property
1.67%
Fixed Interest
13.68%
Alternatives
20.68%

General Information

Fund Details
Type Description
Advance Cash Multi-blend
ADV0069AU
Australian Cash
starstarstarstar (as at 31 Mar 2013)
Investment Fund
3 Jun 2002
$1058.12 million (as at 28 Feb 2024)
$1.0225 (as at 29 Feb 2024)
$1.0225 (as at 29 Feb 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.12% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 28 Feb 2023)

Holding (as at 28 Feb 2023) Type % of Portfolio
Cash Cash 11.52%
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FAQs about the Advance Cash Multi-blend

The objective of the Advance Cash Multi-blend managed fund is The Fund seeks to provide investors with a total investment return (before fees and taxes) that outperforms the benchmark over one year, maintaining liquidity, avoiding unnecessary risk and therefore seeking to maintain capital value.

The strategy of the Advance Cash Multi-blend managed fund is The Fund invests in various types of money market and short dated Australian fixed interest securities and instruments. Liquidity, credit and duration risks are managed by analysing the monetary policy cycle and other economic factors.

The APIR code of the Advance Cash Multi-blend managed fund is ADV0069AU.

Advance Cash Multi-blend’s total return last month was 0.4%. This was made up of a growth return of 0.35% and an income return of 0.05%. These returns were calculated as at 31 Jan 2024.

Advance Cash Multi-blend’s total return for the last three months was 1.13%. This was made up of a growth return of -0.01% and an income return of 1.14%%. These returns were calculated as at 31 Jan 2024.

Advance Cash Multi-blend’s one-year total return is 4.15%. This was made up of a growth return of 0.04% and an income return of 4.11%. These returns were calculated as at 31 Jan 2024.

Advance Cash Multi-blend’s one-year total return is 1.95%. This was made up of a growth return of 0.11% and an income return of 1.84%. These returns were calculated as at 31 Jan 2024.

The asset allocation of the Advance Cash Multi-blend managed fund is :

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

The Advance Cash Multi-blend managed fund belongs to the Australian Cash sector/asset class.

As at 28 Feb 2024, the size of the Advance Cash Multi-blend managed fund was $1058.12 million.

The Advance Cash Multi-blend managed fund has an inception date of 3 Jun 2002.

The current entry price of the Advance Cash Multi-blend managed fund is $1.0225 per unit and the current exit price is $1.0225 per unit (as at 29 Feb 2024).

The current exit price of the Advance Cash Multi-blend managed fund is $1.0225 per unit and the current entry price is $1.0225 per unit (as at 29 Feb 2024).

The minimum initial investment amount for the Advance Cash Multi-blend managed fund is $5,000. Minimum additional investment is $0.

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.