AEI Wholesale Cash - Managed Fund

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Fund Performance Comparison

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Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.16 0.41 0.88 2.03 2.12 - - -
Growth return 0.16 0.41 0.1 0.52 0.3 - - -
Income return 0 0 0.78 1.51 1.82 - - -

Market index (Bloomberg AusBond Bank 0+Y TR AUD)

Total return 0.17 0.48 0.91 1.78 1.81 1.96 2.24 3.39

Asset Allocation (31 May 2018)

Australian Equities 0%
International Equities 0%
Cash 2.02%
Property 0%
Fixed Interest 97.98%
Alternatives 0%
Asset Allocation

General Information

AEI Wholesale Cash
Australian Ethical Investment Ltd
Australian Short Term Fixed Interest
Not Rated
Investment Fund
1 Jul 2015
$6.91 million (as at 31 May 2018)
$0.99535 (as at 20 Jun 2018)
$0.99535 (as at 20 Jun 2018)

Objectives and Strategy

To generate an income stream consistent with prevailing short-term interest rates while minimising the risk of capital loss and supporting the Australian Ethical Charter.
The fund seeks to invest in a diversified portfolio of interest-bearing investments generating income. The Fund is invested in shortdated deposits, high grade mortgage-backed securities, State and Commonwealth Government Bonds, and bank and other corporate bonds. As such, the returns of the Fund tend to move in line with the general level of interest rates.

Offer information

Indirect Cost Ratio (ICR) 0.35% (as at 1 Jul 2017)
Minimum initial investment $25,000
Minimum additional investments $25,000

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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