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  5. ING Wholesale - Enhanced Cash Trust - Managed fund profile

ING Wholesale - Enhanced Cash Trust - Managed Fund (Closed)

Fund Objective
The ING Wholesale Enhanced Cash Trust (Trust) aims to achieve returns (before fees, charges and taxes) that exceed the UBSA Bank Bill Index over periods of one year or more.
Fund Strategy
The Trust invests predominantly in short term Australian money market and fixed interest assets, selected in accordance with ING Investment Management Limited's ('INGIM') active investment process.

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 0.06% -2.24% -2.49% -1.41% 1.44% 2.93% 4.11% -%
Growth return -0.32% -3.42% -5.07% -7.42% -5.01% -3.28% -1.88% -%
Income return 0.38% 1.18% 2.58% 6.01% 6.45% 6.21% 5.99% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.32% 0.94% 2% 4.25% 4.32% 4% 2.47% 2.06%
As at 31 Jan 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

ING Wholesale - Enhanced Cash Trust
Cash
92.60%
Fixed Interest
7.40%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
20.02%
Fixed Interest
79.26%
Australian Equities
0.03%
International Equities
0.03%
Alternatives
0.66%

General Information

Fund Details
Type Description
ING Wholesale - Enhanced Cash Trust (Wholesale)
Closed
OnePath Funds Management Limited
MMF0341AU
Australian Short Term Fixed Interest
star (as at 31 Jan 2009)
Investment Fund
29 Oct 2001
$160.55 million (as at 28 Feb 2009)
$0.9172 (as at 3 Feb 2009)
$0.9172 (as at 3 Feb 2009)
Finalised
Offer information
Type Description
MER 0.50% (as at 30 Jun 2006)

FAQs about the ING Wholesale - Enhanced Cash Trust

The objective of the ING Wholesale - Enhanced Cash Trust managed fund is The ING Wholesale Enhanced Cash Trust (Trust) aims to achieve returns (before fees, charges and taxes) that exceed the UBSA Bank Bill Index over periods of one year or more.

The strategy of the ING Wholesale - Enhanced Cash Trust managed fund is The Trust invests predominantly in short term Australian money market and fixed interest assets, selected in accordance with ING Investment Management Limited's ('INGIM') active investment process.

The APIR code of the ING Wholesale - Enhanced Cash Trust managed fund is MMF0341AU.

ING Wholesale - Enhanced Cash Trust’s total return last month was 0.06%. This was made up of a growth return of -0.32% and an income return of 0.38%. These returns were calculated as at 31 Jan 2009.

ING Wholesale - Enhanced Cash Trust’s total return for the last three months was -2.24%. This was made up of a growth return of -3.42% and an income return of 1.18%%. These returns were calculated as at 31 Jan 2009.

ING Wholesale - Enhanced Cash Trust’s one-year total return is -1.41%. This was made up of a growth return of -7.42% and an income return of 6.01%. These returns were calculated as at 31 Jan 2009.

ING Wholesale - Enhanced Cash Trust’s one-year total return is 2.93%. This was made up of a growth return of -3.28% and an income return of 6.21%. These returns were calculated as at 31 Jan 2009.

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

Cash
92.60%
Fixed Interest
7.40%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the ING Wholesale - Enhanced Cash Trust managed fund is OnePath Funds Management Limited.

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

As at 28 Feb 2009, the size of the ING Wholesale - Enhanced Cash Trust managed fund was $160.55 million.

The ING Wholesale - Enhanced Cash Trust managed fund has an inception date of 29 Oct 2001.

The current entry price of the ING Wholesale - Enhanced Cash Trust managed fund is $0.9172 per unit and the current exit price is $0.9172 per unit (as at 3 Feb 2009).

The current exit price of the ING Wholesale - Enhanced Cash Trust managed fund is $0.9172 per unit and the current entry price is $0.9172 per unit (as at 3 Feb 2009).

The minimum initial investment amount for the ING Wholesale - Enhanced Cash Trust managed fund is $.

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.