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Experts' Choice Short-term Money Market - Managed Fund (Closed)

Fund Objective
To provide low but stable returns over the short term with low risk of capital losses, and to exceed the Fund's performance benchmark after costs and before tax.
Fund Strategy
The Experts' Choice Short-Term Money Market Fund (referred to in this Fund profile as the 'Fund') currently engages a single manager to manage the Fund's investments. The Fund's exposure is to Australian money market securities, including cash-like investments with short term maturities such as prime bank bills, commercial paper and term deposits.

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 0.37% 1.2% 2.4% 4.81% 4.61% 3.59% 2.21% 2.04%
Growth return 0.37% -0.03% 0.14% 0% 0.11% 0.34% 0.13% -0.05%
Income return 0% 1.23% 2.26% 4.81% 4.5% 3.25% 2.08% 2.09%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.29% 0.92% 1.94% 4.19% 4.3% 4.05% 2.53% -%
As at 28 Feb 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Experts' Choice Short-term Money Market
Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
20.42%
Australian Equities
0.03%
International Equities
0.03%
Fixed Interest
78.86%
Alternatives
0.66%

General Information

Fund Details
Type Description
Experts' Choice Short-term Money Market (Wholesale)
Closed
IPAC Asset Management Limited
HLR0007AU
Australian Short Term Fixed Interest
starstarstar (as at 28 Feb 2025)
Investment Fund
27 Feb 1996
$38.43 million (as at 31 Dec 2024)
n/a
$1.03573 (as at 20 Mar 2025)
Finalised
Offer information
Type Description
MER 0.38% (as at 30 Sep 2024)
Indirect Cost Ratio (ICR) 0.38% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2024)

Holding (as at 31 Dec 2024) Type % of Portfolio
Commonwealth Bank of Australia Bond - Corporate Bond 1.76%
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FAQs about the Experts' Choice Short-term Money Market

The objective of the Experts' Choice Short-term Money Market managed fund is To provide low but stable returns over the short term with low risk of capital losses, and to exceed the Fund's performance benchmark after costs and before tax.

The strategy of the Experts' Choice Short-term Money Market managed fund is The Experts' Choice Short-Term Money Market Fund (referred to in this Fund profile as the 'Fund') currently engages a single manager to manage the Fund's investments. The Fund's exposure is to Australian money market securities, including cash-like investments with short term maturities such as prime bank bills, commercial paper and term deposits.

The APIR code of the Experts' Choice Short-term Money Market managed fund is HLR0007AU.

Experts' Choice Short-term Money Market’s total return last month was 0.37%. This was made up of a growth return of 0.37% and an income return of 0%. These returns were calculated as at 28 Feb 2025.

Experts' Choice Short-term Money Market’s total return for the last three months was 1.2%. This was made up of a growth return of -0.03% and an income return of 1.23%%. These returns were calculated as at 28 Feb 2025.

Experts' Choice Short-term Money Market’s one-year total return is 4.81%. This was made up of a growth return of 0% and an income return of 4.81%. These returns were calculated as at 28 Feb 2025.

Experts' Choice Short-term Money Market’s one-year total return is 3.59%. This was made up of a growth return of 0.34% and an income return of 3.25%. These returns were calculated as at 28 Feb 2025.

The asset allocation of the Experts' Choice Short-term Money Market managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Experts' Choice Short-term Money Market managed fund is IPAC Asset Management Limited.

The Experts' Choice Short-term Money Market managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 31 Dec 2024, the size of the Experts' Choice Short-term Money Market managed fund was $38.43 million.

The Experts' Choice Short-term Money Market managed fund has an inception date of 27 Feb 1996.

The current entry price of the Experts' Choice Short-term Money Market managed fund is $ per unit and the current exit price is $1.03573 per unit (as at 20 Mar 2025).

The current exit price of the Experts' Choice Short-term Money Market managed fund is $1.03573 per unit and the current entry price is $ per unit (as at 20 Mar 2025).

The minimum initial investment amount for the Experts' Choice Short-term Money Market managed fund is $500,000. Minimum additional investment is $5000.

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.