InvestSMART

IOOF OIS Cash - Managed Fund (Closed)

Fund Objective
To match, and where possible, enhance performance relative to the benchmark over rolling 3 year periods by investing predominantly in Australian short-term cash deposits and cash equivilant securities.
Fund Strategy
The underlying fund seeks to deliver a return profile similar to or better than the performance benchmark through active security selection and strategic duration management. The underlying fund will target a steady and reliable income stream while providing the potential for higher yields than benchmark by actively managing an investment pool of high quality cash and short term fixed interest securities. The strategy has the objective of maintaining the overall portfolio's duration of no greater than 1 year.

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 0.22% 0.61% 1.1% 1.6% 4.58% -% -% -%
Growth return 0.22% 0.51% 1% -8.86% -3.55% -% -% -%
Income return 0% 0.1% 0.1% 10.46% 8.13% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF OIS Cash
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
44.81%
Australian Equities
3.95%
International Equities
6.74%
Property & Infrastructure
1.43%
Fixed Interest
20.69%
Alternatives
22.39%

General Information

Fund Details
Type Description
IOOF OIS Cash
Closed
IOOF Global One Limited
ASK1085AU
Australian Cash
Not Rated
Investment Fund
12 Dec 2007
$1.13 million (as at 28 Feb 2010)
$9.37544 (as at 26 Feb 2010)
$9.37544 (as at 26 Feb 2010)
Finalised
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 1.56% (as at 30 Jun 2009)
Minimum initial investment $3,000.00

FAQs about the IOOF OIS Cash

The objective of the IOOF OIS Cash managed fund is To match, and where possible, enhance performance relative to the benchmark over rolling 3 year periods by investing predominantly in Australian short-term cash deposits and cash equivilant securities.

The strategy of the IOOF OIS Cash managed fund is The underlying fund seeks to deliver a return profile similar to or better than the performance benchmark through active security selection and strategic duration management. The underlying fund will target a steady and reliable income stream while providing the potential for higher yields than benchmark by actively managing an investment pool of high quality cash and short term fixed interest securities. The strategy has the objective of maintaining the overall portfolio's duration of no greater than 1 year.

The APIR code of the IOOF OIS Cash managed fund is ASK1085AU.

IOOF OIS Cash’s total return last month was 0.22%. This was made up of a growth return of 0.22% and an income return of 0%. These returns were calculated as at 28 Feb 2010.

IOOF OIS Cash’s total return for the last three months was 0.61%. This was made up of a growth return of 0.51% and an income return of 0.1%%. These returns were calculated as at 28 Feb 2010.

IOOF OIS Cash’s one-year total return is 1.6%. This was made up of a growth return of -8.86% and an income return of 10.46%. These returns were calculated as at 28 Feb 2010.

IOOF OIS Cash’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF OIS Cash managed fund is :

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

The Responsible Entity for the IOOF OIS Cash managed fund is IOOF Global One Limited.

The IOOF OIS Cash managed fund belongs to the Australian Cash sector/asset class.

As at 28 Feb 2010, the size of the IOOF OIS Cash managed fund was $1.13 million.

The IOOF OIS Cash managed fund has an inception date of 12 Dec 2007.

The current entry price of the IOOF OIS Cash managed fund is $9.37544 per unit and the current exit price is $9.37544 per unit (as at 26 Feb 2010).

The current exit price of the IOOF OIS Cash managed fund is $9.37544 per unit and the current entry price is $9.37544 per unit (as at 26 Feb 2010).

The minimum initial investment amount for the IOOF OIS Cash managed fund is $3,000.

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.