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  5. County - Enhanced Cash Trust - Managed fund profile

County - Enhanced Cash Trust - Managed Fund (Closed)

Fund Objective
To deliver returns, before fees, which will over the short to medium term (one to three years), outperform the returns available on traditional money market investments by 1% to 2% pa and provide access to franked dividends. Benchmark is the UBSWA Bank Bill Index.
Fund Strategy
Invests in a mix of traditional bonds and a range of other assets with similar characteristics to fixed interest securities including corporate bonds, mortgage-backed securities, floating rate notes, convertible notes and converting preference shares. Fund may also use financial derivatives. Security ranges: floating rate notes 0-50%, bonds 0-50%, converting preference shares 0-50% and cash 0-30%.

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 0.73% 0.02% -7.31% -7.95% -1.96% 1.17% 4.12% -%
Growth return 0.73% 0.02% -7.31% -10.59% -6.94% -5.05% -1.58% -%
Income return 0% 0% 0% 2.64% 4.98% 6.22% 5.7% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.09% 2.15% 4.19% 3.11% 2.08% -% 1.82%
As at 31 Jul 2001. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

County - Enhanced Cash Trust
Cash
77.50%
Fixed Interest
22.50%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
27.02%
Fixed Interest
72.42%
Australian Equities
0.49%
International Equities
0.05%
Alternatives
0.02%

General Information

Fund Details
Type Description
County - Enhanced Cash Trust (Wholesale)
Closed
County Investment Management Limited
CNA0810AU
Australian Short Term Fixed Interest
Not Rated
Investment Fund
30 Apr 1993
$20.2 million (as at 30 Jun 2001)
$0.9861 (as at 10 Aug 2001)
$0.9801 (as at 10 Aug 2001)
Finalised
Offer information
Type Description
Minimum initial investment $100,000

FAQs about the County - Enhanced Cash Trust

The objective of the County - Enhanced Cash Trust managed fund is To deliver returns, before fees, which will over the short to medium term (one to three years), outperform the returns available on traditional money market investments by 1% to 2% pa and provide access to franked dividends. Benchmark is the UBSWA Bank Bill Index.

The strategy of the County - Enhanced Cash Trust managed fund is Invests in a mix of traditional bonds and a range of other assets with similar characteristics to fixed interest securities including corporate bonds, mortgage-backed securities, floating rate notes, convertible notes and converting preference shares. Fund may also use financial derivatives. Security ranges: floating rate notes 0-50%, bonds 0-50%, converting preference shares 0-50% and cash 0-30%.

The APIR code of the County - Enhanced Cash Trust managed fund is CNA0810AU.

County - Enhanced Cash Trust’s total return last month was 0.73%. This was made up of a growth return of 0.73% and an income return of 0%. These returns were calculated as at 31 Jul 2001.

County - Enhanced Cash Trust’s total return for the last three months was 0.02%. This was made up of a growth return of 0.02% and an income return of 0%%. These returns were calculated as at 31 Jul 2001.

County - Enhanced Cash Trust’s one-year total return is -7.95%. This was made up of a growth return of -10.59% and an income return of 2.64%. These returns were calculated as at 31 Jul 2001.

County - Enhanced Cash Trust’s one-year total return is 1.17%. This was made up of a growth return of -5.05% and an income return of 6.22%. These returns were calculated as at 31 Jul 2001.

The asset allocation of the County - Enhanced Cash Trust managed fund is :

Cash
77.50%
Fixed Interest
22.50%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the County - Enhanced Cash Trust managed fund is County Investment Management Limited.

The County - Enhanced Cash Trust managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 30 Jun 2001, the size of the County - Enhanced Cash Trust managed fund was $20.2 million.

The County - Enhanced Cash Trust managed fund has an inception date of 30 Apr 1993.

The current entry price of the County - Enhanced Cash Trust managed fund is $0.9861 per unit and the current exit price is $0.9801 per unit (as at 10 Aug 2001).

The current exit price of the County - Enhanced Cash Trust managed fund is $0.9801 per unit and the current entry price is $0.9861 per unit (as at 10 Aug 2001).

The minimum initial investment amount for the County - Enhanced Cash Trust managed fund is $100,000.

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.