Morningstar Cash - Managed Fund

Fund Performance Comparison

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Fees Comparison

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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 0.4 0.72 1.38 1.37 1.5 1.81 3.06
Growth return -0.25 0.03 -0.02 -0.02 -0.08 0.03 0.05 -0.18
Income return 0.37 0.37 0.74 1.4 1.45 1.47 1.76 3.24
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.17 0.5 0.95 1.82 1.8 1.93 2.19 3.22
As as 30 Jun 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation


General Information

Fund Details
Type Description
Morningstar Cash (Wholesale)
Morningstar Investment Management Austra
Australian Cash
starstarstarstar (as at 31 Mar 2013)
Investment Fund
7 Jul 2000
$458.52 million (as at 31 May 2018)
$0.99876 (as at 18 Jul 2018)
$0.99876 (as at 18 Jul 2018)
Fund Objective
The fund aims 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 equivalent securities.
Fund Strategy
A Fund predominantly invested in liquid money market and fixed interest cash securities. The Fund will invest in government, semi-government and highly rated corporate securities (or ETFs with exposure to these securities), typically with a maturity of a less than one year. The Fund is also constructed to ensure it is highly liquid through all market conditions while also protecting the underlying capital of the Fund. To implement this strategy, Ibbotson may design portfolios and/or appoint managers to manage the assets of the Fund.
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.41% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $100,000
Minimum redemption amount $100,000

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 cannot 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.

How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

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*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
Intelligent Investor Equity Income 12.36%
InvestSMART International Equities 11.46%
Intelligent Investor Equity Growth 11.28%
InvestSMART Australian Small Companies Fund 10.65%
InvestSMART Core Growth 7.81%
InvestSMART Diversified Property and Infrastructure 5.31%
InvestSMART Diversified Income 4.50%
InvestSMART Hybrid Income 3.81%
InvestSMART Interest Income 2.13%

* Returns p.a. since inception after investment & admin fees

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