InvestSMART

Merrill Lynch - Cash Management Trust - Managed Fund (Closed)

Fund Objective
To provide a secure, liquid investment which provides a competitive return when compared to 'at call' bank accounts.
Fund Strategy
Investments are restricted to highly rated bank-backed government, semi-government, and corporate securities. The term of any one security must at no stage exceed one year, and the weighted average maturity of the securities in the Fund must at no stage exceed 70 days. The Fund has been rated 'AAAm' by Standard & Poor's (Australia) Pty Ltd.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.22% -% -% -% -% -% -% -%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 0.96% 1.88% 3.76% 4.06% 4.11% 2.96% 2.14%
As at 31 Aug 2002. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Merrill Lynch - Cash Management Trust
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
55.65%
Australian Equities
4.94%
International Equities
2.99%
Property & Infrastructure
1.97%
Fixed Interest
15.71%
Alternatives
18.74%

General Information

Fund Details
Type Description
Merrill Lynch - Cash Management Trust
Closed
Merrill Lynch Investment Managers, L.P
MCI0001AU
Australian Cash
Not Rated
Investment Fund
9 Nov 1988
$114.9 million (as at 31 Aug 2002)
n/a
n/a
Finalised
Offer information
Type Description
MER 1.05% (as at 31 Dec 2000)
Minimum initial investment $1,500.00
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the Merrill Lynch - Cash Management Trust

The objective of the Merrill Lynch - Cash Management Trust managed fund is To provide a secure, liquid investment which provides a competitive return when compared to 'at call' bank accounts.

The strategy of the Merrill Lynch - Cash Management Trust managed fund is Investments are restricted to highly rated bank-backed government, semi-government, and corporate securities. The term of any one security must at no stage exceed one year, and the weighted average maturity of the securities in the Fund must at no stage exceed 70 days. The Fund has been rated 'AAAm' by Standard & Poor's (Australia) Pty Ltd.

The APIR code of the Merrill Lynch - Cash Management Trust managed fund is MCI0001AU.

Merrill Lynch - Cash Management Trust’s total return last month was 0.22%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2002.

Merrill Lynch - Cash Management Trust’s total return for the last three months was -%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Aug 2002.

Merrill Lynch - Cash Management Trust’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 31 Aug 2002.

Merrill Lynch - Cash Management Trust’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 31 Aug 2002.

The asset allocation of the Merrill Lynch - Cash Management Trust managed fund is :

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

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

The Merrill Lynch - Cash Management Trust managed fund belongs to the Australian Cash sector/asset class.

As at 31 Aug 2002, the size of the Merrill Lynch - Cash Management Trust managed fund was $114.9 million.

The Merrill Lynch - Cash Management Trust managed fund has an inception date of 9 Nov 1988.

The current entry price of the Merrill Lynch - Cash Management Trust managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the Merrill Lynch - Cash Management Trust managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the Merrill Lynch - Cash Management Trust managed fund is $1,500.

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.