InvestSMART

OC Cash Management Fund - Managed Fund (Closed)

Fund Objective
The Fund aims to provide a return that exceeds the UBS Bank Bill Index.
Fund Strategy
The Fund aims to capitalise on the increasing competition and changed market dynamics with the Term Deposit business for Australiai-s major banks. The Fund will invest in Term Deposits with a range of maturities to a maximum of 365 days.

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% 0.14% 0.51% 1.47% 1.58% 1.61% 1.87% -%
Growth return 0% 0.14% 0.51% 0.93% -0.06% 0.01% 0.02% -%
Income return 0% 0% 0% 0.54% 1.64% 1.6% 1.85% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.9% 1.85% 4.02% 4.2% 4.02% 2.58% 2.07%
As at 30 Nov 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

OC Cash Management Fund
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
46.16%
Australian Equities
3.92%
International Equities
7.25%
Property & Infrastructure
1.84%
Fixed Interest
20.51%
Alternatives
20.33%

General Information

Fund Details
Type Description
OC Cash Management Fund
Closed
OC Funds Management Limited
OPS0010AU
Australian Cash
Not Rated
Investment Fund
1 Aug 2013
$0.08 million (as at 30 Nov 2019)
$1.0031 (as at 10 Dec 2019)
$1.0031 (as at 10 Dec 2019)
Finalised
Offer information
Type Description
MER 0.50% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR) 0.50% (as at 30 Jun 2019)
Performance fee (not included in ICR) 0
Minimum initial investment $5,000.00
Minimum additional investments $2,000.00
Minimum redemption amount $2,000.00

FAQs about the OC Cash Management Fund

The objective of the OC Cash Management Fund managed fund is The Fund aims to provide a return that exceeds the UBS Bank Bill Index.

The strategy of the OC Cash Management Fund managed fund is The Fund aims to capitalise on the increasing competition and changed market dynamics with the Term Deposit business for Australiai-s major banks. The Fund will invest in Term Deposits with a range of maturities to a maximum of 365 days.

The APIR code of the OC Cash Management Fund managed fund is OPS0010AU.

OC Cash Management Fund’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 30 Nov 2019.

OC Cash Management Fund’s total return for the last three months was 0.14%. This was made up of a growth return of 0.14% and an income return of 0%%. These returns were calculated as at 30 Nov 2019.

OC Cash Management Fund’s one-year total return is 1.47%. This was made up of a growth return of 0.93% and an income return of 0.54%. These returns were calculated as at 30 Nov 2019.

OC Cash Management Fund’s one-year total return is 1.61%. This was made up of a growth return of 0.01% and an income return of 1.6%. These returns were calculated as at 30 Nov 2019.

The asset allocation of the OC Cash Management Fund managed fund is :

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

The Responsible Entity for the OC Cash Management Fund managed fund is OC Funds Management Limited.

The OC Cash Management Fund managed fund belongs to the Australian Cash sector/asset class.

As at 30 Nov 2019, the size of the OC Cash Management Fund managed fund was $0.08 million.

The OC Cash Management Fund managed fund has an inception date of 1 Aug 2013.

The current entry price of the OC Cash Management Fund managed fund is $1.0031 per unit and the current exit price is $1.0031 per unit (as at 10 Dec 2019).

The current exit price of the OC Cash Management Fund managed fund is $1.0031 per unit and the current entry price is $1.0031 per unit (as at 10 Dec 2019).

The minimum initial investment amount for the OC Cash Management Fund managed fund is $5,000. Minimum additional investment is $2000.

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.