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  5. High Yield Investment Account - Managed fund profile

High Yield Investment Account - Managed Fund (Closed)

Fund Objective
Bankmecu HYA is a savings deposit and pays a high on call interest rate.
Fund Strategy
HYA is an on call deposit with Bankmecu.

Fund Performance Comparison

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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.
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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 0.12% 0.37% 0.75% 1.5% 1.73% 1.96% -% -%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 1.06% -% 4.26% 3.5% 2.35% 1.6% 1.84%
As at 30 Nov 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

High Yield Investment Account
Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
47.53%
Australian Equities
5.24%
International Equities
8.97%
Property
2.13%
Fixed Interest
16.03%
Alternatives
20.10%

General Information

Fund Details
Type Description
High Yield Investment Account
Closed
IOOF Investment Management Limited
MEC0001AU
Australian Cash
Not Rated
Investment Fund
1 Jul 2012
$0.83 million (as at 30 Nov 2017)
n/a
n/a
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2013)
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the High Yield Investment Account

The objective of the High Yield Investment Account managed fund is Bankmecu HYA is a savings deposit and pays a high on call interest rate.

The strategy of the High Yield Investment Account managed fund is HYA is an on call deposit with Bankmecu.

The APIR code of the High Yield Investment Account managed fund is MEC0001AU.

High Yield Investment Account’s total return last month was 0.12%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Nov 2017.

High Yield Investment Account’s total return for the last three months was 0.37%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 30 Nov 2017.

High Yield Investment Account’s one-year total return is 1.5%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Nov 2017.

High Yield Investment Account’s one-year total return is 1.96%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Nov 2017.

The asset allocation of the High Yield Investment Account managed fund is :

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

The Responsible Entity for the High Yield Investment Account managed fund is IOOF Investment Management Limited.

The High Yield Investment Account managed fund belongs to the Australian Cash sector/asset class.

As at 30 Nov 2017, the size of the High Yield Investment Account managed fund was $0.83 million.

The High Yield Investment Account managed fund has an inception date of 1 Jul 2012.

The current entry price of the High Yield Investment Account managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the High Yield Investment Account managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the High Yield Investment Account managed fund is $0. 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.