General Information

CFS Wholesale Institutional Cash
Colonial First State Investments Limited
Australian Cash
Not Rated
Investment Fund
15 Jun 2016
$3956.21 million (as at 30 Jun 2017)
$1 (as at 31 Jul 2017)
$1 (as at 31 Jul 2017)

Fund performance (31 Jul 2017)

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 0.13 0.4 0.78 1.47 - - - -
Growth return 0 0 0 0 - - - -
Income return 0.13 0.4 0.78 1.47 - - - -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.14 0.43 0.86 1.75 1.97 2.13 2.42 3.72

Asset Allocation (31 Jul 2017)

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

Objectives and Strategy

To outperform (before tax and fees and assuming income as reinvested) the returns of Australian money markets over rolling two year periods as measured by the Reserve Bank of Australia Cash Rate.
The fund's strategy is to invest in high quality money market securities, with short maturities, to achieve a very stable income stream. This is done by assessing the earnings that each investment will generate, rather than attempting to forecast the short-term direction of the interest rate cycle. The fund does not purchase securities that give rise to material currency risk and therefore no currency hedging is undertaken.

Offer information

Indirect Cost Ratio (ICR) 0.40% (as at 22 May 2017) (Estimated)

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