InvestSMART

Mercury - Cash ADF - Managed Fund (Closed)

Fund Objective
A cash based approved deposit fund designed to provide stable returns and capital security over the short to long term. The fund is designed for investors seeking an investment offering reduced risk of capital loss and a sound return from money market securities.
Fund Strategy
Invest in government and bank backed securities maturing within 12 months. The fund may also invest in the Potter Warburg Money Market Fund. The manager does not intend to invest in property or shares.

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 0.36% 1.26% 2.72% 5.77% 4.99% 4.22% 4.93% -%
Growth return 0.36% 1.26% 2.72% 5.77% 4.99% 4.22% 4.93% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 1% 1.93% 3.79% 4.06% 4.13% 3.03% 2.16%
As at 31 May 1996. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Cash
55.80%
Australian Equities
4.80%
International Equities
2.78%
Property & Infrastructure
1.92%
Fixed Interest
15.48%
Alternatives
19.22%

General Information

Fund Details
Type Description
Mercury - Cash ADF
Closed
Merrill Lynch Investment Managers, L.P
PWA0611AU
Australian Cash
Not Rated
Superannuation Fund
20 Jun 1986
$10.3 million (as at 30 Apr 1996)
$2.3495 (as at 31 May 1996)
$2.3481 (as at 31 May 1996)
Finalised
Offer information
Type Description
Minimum initial investment $1,000.00
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FAQs about the Mercury - Cash ADF

The objective of the Mercury - Cash ADF managed fund is A cash based approved deposit fund designed to provide stable returns and capital security over the short to long term. The fund is designed for investors seeking an investment offering reduced risk of capital loss and a sound return from money market securities.

The strategy of the Mercury - Cash ADF managed fund is Invest in government and bank backed securities maturing within 12 months. The fund may also invest in the Potter Warburg Money Market Fund. The manager does not intend to invest in property or shares.

The APIR code of the Mercury - Cash ADF managed fund is PWA0611AU.

Mercury - Cash ADF’s total return last month was 0.36%. This was made up of a growth return of 0.36% and an income return of 0%. These returns were calculated as at 31 May 1996.

Mercury - Cash ADF’s total return for the last three months was 1.26%. This was made up of a growth return of 1.26% and an income return of 0%%. These returns were calculated as at 31 May 1996.

Mercury - Cash ADF’s one-year total return is 5.77%. This was made up of a growth return of 5.77% and an income return of 0%. These returns were calculated as at 31 May 1996.

Mercury - Cash ADF’s one-year total return is 4.22%. This was made up of a growth return of 4.22% and an income return of 0%. These returns were calculated as at 31 May 1996.

The asset allocation of the Mercury - Cash ADF managed fund is :

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

The Responsible Entity for the Mercury - Cash ADF managed fund is Merrill Lynch Investment Managers, L.P.

The Mercury - Cash ADF managed fund belongs to the Australian Cash sector/asset class.

As at 30 Apr 1996, the size of the Mercury - Cash ADF managed fund was $10.3 million.

The Mercury - Cash ADF managed fund has an inception date of 20 Jun 1986.

The current entry price of the Mercury - Cash ADF managed fund is $2.3495 per unit and the current exit price is $2.3481 per unit (as at 31 May 1996).

The current exit price of the Mercury - Cash ADF managed fund is $2.3481 per unit and the current entry price is $2.3495 per unit (as at 31 May 1996).

The minimum initial investment amount for the Mercury - Cash ADF managed fund is $1,000.

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.