InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. BT Institutional - Money Market - Managed fund profile

BT Institutional - Money Market - Managed Fund (Closed)

Fund Objective
The Fund aims to provide a return (before fees and expenses) that exceeds the return from the Fund's benchmark over the short term. The Fund also aims to maintain a stable $1.00 unit price while providing income which reflects the returns available in the short-term money market.
Fund Strategy
The Fund generally maintains exposure to bank-backed, corporate and government short-term money market and floating rate securities, annuities and, where appropriate, derivatives. The weighted average maturity of the portfolio will generally be consistent with the Manager's expectations of future changes in interest rates.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.36% 1.1% 2.29% 4.66% 4.54% 4.12% 5.13% 5.18%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 31 Jan 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BT Institutional - Money Market
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
44.85%
Australian Equities
3.94%
International Equities
6.69%
Property & Infrastructure
1.44%
Fixed Interest
20.69%
Alternatives
22.40%

General Information

Fund Details
Type Description
BT Institutional - Money Market (Wholesale)
Closed
BT Investment Management Ltd
BTA0119AU
Australian Cash
starstarstar (as at 31 Jan 2012)
Investment Fund
1 Jun 1989
n/a
n/a
n/a
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.22% (as at 30 Jun 2011)
Minimum initial investment $500,000
Minimum additional investments
Minimum redemption amount

FAQs about the BT Institutional - Money Market

The objective of the BT Institutional - Money Market managed fund is The Fund aims to provide a return (before fees and expenses) that exceeds the return from the Fund's benchmark over the short term. The Fund also aims to maintain a stable $1.00 unit price while providing income which reflects the returns available in the short-term money market.

The strategy of the BT Institutional - Money Market managed fund is The Fund generally maintains exposure to bank-backed, corporate and government short-term money market and floating rate securities, annuities and, where appropriate, derivatives. The weighted average maturity of the portfolio will generally be consistent with the Manager's expectations of future changes in interest rates.

The APIR code of the BT Institutional - Money Market managed fund is BTA0119AU.

BT Institutional - Money Market’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 Jan 2012.

BT Institutional - Money Market’s total return for the last three months was 1.1%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Jan 2012.

BT Institutional - Money Market’s one-year total return is 4.66%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jan 2012.

BT Institutional - Money Market’s one-year total return is 4.12%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jan 2012.

The asset allocation of the BT Institutional - Money Market managed fund is :

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

The Responsible Entity for the BT Institutional - Money Market managed fund is BT Investment Management Ltd.

The BT Institutional - Money Market managed fund belongs to the Australian Cash sector/asset class.

As at 29 Feb 2012, the size of the BT Institutional - Money Market managed fund was $ million.

The BT Institutional - Money Market managed fund has an inception date of 1 Jun 1989.

The current entry price of the BT Institutional - Money Market managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the BT Institutional - Money Market managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the BT Institutional - Money Market managed fund is $500,000. 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.