InvestSMART

CFM Retirement Pension - Cash - Managed Fund (Closed)

Fund Objective
To produce a return similar to the after tax and fees return on Australian 90 day Bank Bills. To provide security with minimal risk of capital loss. Suggested investment time frame is short term.
Fund Strategy
Invests in short term securities issued by Australian governments, banks and corporate borrowers. Indicative market exposure: bank negotiable certificates of deposit 30%, bank bills 45%, overnight cash deposits 5%, government and corporate promissory notes 20%.

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.

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 0.14% 0.81% 1.78% 4.31% 3.81% 3.75% 3.68% 4.15%
Growth return 0.14% 0.81% 1.78% 4.31% 3.81% 3.75% 3.68% 4.15%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.31% 0.92% 1.82% 3.77% 4.09% 4.08% 2.82% 2.12%
As at 30 Apr 2006. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

CFM Retirement Pension - Cash
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
55.50%
Australian Equities
4.71%
International Equities
3.28%
Property & Infrastructure
1.99%
Fixed Interest
15.87%
Alternatives
18.64%

General Information

Fund Details
Type Description
CFM Retirement Pension - Cash
Closed
Commonwealth Funds Management Ltd
CFM0015AU
Australian Cash
Not Rated
Allocated Pension
30 Apr 1996
$2.42 million (as at 31 Mar 2006)
n/a
$1.502 (as at 19 May 2006)
Finalised
Offer information
Type Description
Minimum initial investment $5,000.00
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One
How to Assess your Managed Fund: And How to Choose the Next One
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the CFM Retirement Pension - Cash

The objective of the CFM Retirement Pension - Cash managed fund is To produce a return similar to the after tax and fees return on Australian 90 day Bank Bills. To provide security with minimal risk of capital loss. Suggested investment time frame is short term.

The strategy of the CFM Retirement Pension - Cash managed fund is Invests in short term securities issued by Australian governments, banks and corporate borrowers. Indicative market exposure: bank negotiable certificates of deposit 30%, bank bills 45%, overnight cash deposits 5%, government and corporate promissory notes 20%.

The APIR code of the CFM Retirement Pension - Cash managed fund is CFM0015AU.

CFM Retirement Pension - Cash’s total return last month was 0.14%. This was made up of a growth return of 0.14% and an income return of 0%. These returns were calculated as at 30 Apr 2006.

CFM Retirement Pension - Cash’s total return for the last three months was 0.81%. This was made up of a growth return of 0.81% and an income return of 0%%. These returns were calculated as at 30 Apr 2006.

CFM Retirement Pension - Cash’s one-year total return is 4.31%. This was made up of a growth return of 4.31% and an income return of 0%. These returns were calculated as at 30 Apr 2006.

CFM Retirement Pension - Cash’s one-year total return is 3.75%. This was made up of a growth return of 3.75% and an income return of 0%. These returns were calculated as at 30 Apr 2006.

The asset allocation of the CFM Retirement Pension - Cash managed fund is :

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

The Responsible Entity for the CFM Retirement Pension - Cash managed fund is Commonwealth Funds Management Ltd.

The CFM Retirement Pension - Cash managed fund belongs to the Australian Cash sector/asset class.

As at 31 Mar 2006, the size of the CFM Retirement Pension - Cash managed fund was $2.42 million.

The CFM Retirement Pension - Cash managed fund has an inception date of 30 Apr 1996.

The current entry price of the CFM Retirement Pension - Cash managed fund is $ per unit and the current exit price is $1.502 per unit (as at 19 May 2006).

The current exit price of the CFM Retirement Pension - Cash managed fund is $1.502 per unit and the current entry price is $ per unit (as at 19 May 2006).

The minimum initial investment amount for the CFM Retirement Pension - Cash managed fund is $5,000.

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.