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  5. RACQ Bank Cash Investment Account - Managed fund profile

RACQ Bank Cash Investment Account - Managed Fund (Closed)

Fund Objective
To provide a simple and secure capital guaranteed cash investment with consistent and competitive returns.
Fund Strategy
QTMB sets the interest rate on the QTMB Cash Investment Account by reference to the short term money market rates. QTMB calculates interest on daily balances held in the QTMB CIA. Interest is paid monthly and sent to Asgard.

Fund Performance Comparison

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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.
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Fees Comparison

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% p.a.
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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 0.1% -% -% -% -% -% -% -%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
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 29 Feb 2020. 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
44.79%
Australian Equities
3.95%
International Equities
6.74%
Property & Infrastructure
1.44%
Fixed Interest
20.69%
Alternatives
22.40%

General Information

Fund Details
Type Description
RACQ Bank Cash Investment Account
Closed
QT Mutual Bank Limited
QTC0001AU
Australian Cash
Not Rated
Investment Fund
1 Mar 2012
n/a
n/a
n/a
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0% (as at 30 Jun 2012) (Estimated)
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the RACQ Bank Cash Investment Account

The objective of the RACQ Bank Cash Investment Account managed fund is To provide a simple and secure capital guaranteed cash investment with consistent and competitive returns.

The strategy of the RACQ Bank Cash Investment Account managed fund is QTMB sets the interest rate on the QTMB Cash Investment Account by reference to the short term money market rates. QTMB calculates interest on daily balances held in the QTMB CIA. Interest is paid monthly and sent to Asgard.

The APIR code of the RACQ Bank Cash Investment Account managed fund is QTC0001AU.

RACQ Bank Cash Investment Account’s total return last month was 0.1%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 29 Feb 2020.

RACQ Bank Cash Investment Account’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 29 Feb 2020.

RACQ Bank Cash Investment Account’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 29 Feb 2020.

RACQ Bank Cash Investment Account’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 29 Feb 2020.

The asset allocation of the RACQ Bank Cash Investment Account managed fund is :

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

The Responsible Entity for the RACQ Bank Cash Investment Account managed fund is QT Mutual Bank Limited.

The RACQ Bank Cash Investment Account managed fund belongs to the Australian Cash sector/asset class.

As at , the size of the RACQ Bank Cash Investment Account managed fund was $ million.

The RACQ Bank Cash Investment Account managed fund has an inception date of 1 Mar 2012.

The current entry price of the RACQ Bank Cash Investment Account managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the RACQ Bank Cash Investment Account managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the RACQ Bank Cash Investment Account managed fund is $0. Minimum additional investment is $0.

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.