InvestSMART

SCM Optimal Choice Cash Fund - Managed Fund (Closed)

Fund Objective
Outperform the UBS Warburg Bank Bill Index (gross of fees and expenses).
Fund Strategy
Invest in a wide range of short term securities by using a combination of investment managers with complementary approaches. Provide secure regular income on a monthly basis, together with capital security.

Fund Performance Comparison

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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 0.16% -% -0.04% -0.23% -0.23% -0.13% 0.1% -%
Growth return 0.16% 0.13% -0.04% -0.23% -0.23% -0.13% 0.1% -%
Income return 0% -% 0% 0% 0% 0% 0% -%
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 31 May 2007. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

SCM Optimal Choice Cash Fund
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
46.77%
Australian Equities
3.96%
International Equities
6.72%
Property & Infrastructure
1.87%
Fixed Interest
20.40%
Alternatives
20.29%

General Information

Fund Details
Type Description
SCM Optimal Choice Cash Fund
Closed
Strategic Capital Management Limited
SCM0002AU
Australian Cash
starstarstar (as at 31 Mar 2008)
Investment Fund
23 Jul 2001
$7.45 million (as at 30 Jun 2008)
$1.0345 (as at 14 Jun 2007)
$1.0345 (as at 14 Jun 2007)
Suppressed
Offer information
Type Description
MER 0.90% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) - Estimated 0.90% (as at 30 Jun 2008) (Estimated)
Minimum initial investment $10,000.00

FAQs about the SCM Optimal Choice Cash Fund

The objective of the SCM Optimal Choice Cash Fund managed fund is Outperform the UBS Warburg Bank Bill Index (gross of fees and expenses).

The strategy of the SCM Optimal Choice Cash Fund managed fund is Invest in a wide range of short term securities by using a combination of investment managers with complementary approaches. Provide secure regular income on a monthly basis, together with capital security.

The APIR code of the SCM Optimal Choice Cash Fund managed fund is SCM0002AU.

SCM Optimal Choice Cash Fund’s total return last month was 0.16%. This was made up of a growth return of 0.16% and an income return of 0%. These returns were calculated as at 31 May 2007.

SCM Optimal Choice Cash Fund’s total return for the last three months was -%. This was made up of a growth return of 0.13% and an income return of -%%. These returns were calculated as at 31 May 2007.

SCM Optimal Choice Cash Fund’s one-year total return is -0.23%. This was made up of a growth return of -0.23% and an income return of 0%. These returns were calculated as at 31 May 2007.

SCM Optimal Choice Cash Fund’s one-year total return is -0.13%. This was made up of a growth return of -0.13% and an income return of 0%. These returns were calculated as at 31 May 2007.

The asset allocation of the SCM Optimal Choice Cash 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 SCM Optimal Choice Cash Fund managed fund is Strategic Capital Management Limited.

The SCM Optimal Choice Cash Fund managed fund belongs to the Australian Cash sector/asset class.

As at 30 Jun 2008, the size of the SCM Optimal Choice Cash Fund managed fund was $7.45 million.

The SCM Optimal Choice Cash Fund managed fund has an inception date of 23 Jul 2001.

The current entry price of the SCM Optimal Choice Cash Fund managed fund is $1.0345 per unit and the current exit price is $1.0345 per unit (as at 14 Jun 2007).

The current exit price of the SCM Optimal Choice Cash Fund managed fund is $1.0345 per unit and the current entry price is $1.0345 per unit (as at 14 Jun 2007).

The minimum initial investment amount for the SCM Optimal Choice Cash Fund managed fund is $10,000.

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.