InvestSMART

SIM Enhanced Cash Trust - Managed Fund (Closed)

Fund Objective
The Trust aims to outperform its Benchmark each year on a before fees basis.
Fund Strategy
SIM's investment strategy for this Trust is to form a view on the likely returns for various cash securities. This view is based on analysis of the economic fundamentals of the Australian economy and analysis of the credit fundamentals of the individual security. Using the outcome of this process, SIM constructs a portfolio with the desired duration, maturity profile, credit quality and yield curve exposure.

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 0.49% -% -% -% -% -% -% -%
Growth return 0.37% 0.85% 1.28% 1.35% -% -% -% -%
Income return 0.12% -% -% -% -% -% -% -%
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 30 Jun 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

SIM Enhanced Cash 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
SIM Enhanced Cash Trust (Wholesale)
Closed
Suncorp Metway Investment Management Ltd
SUN0039AU
Australian Cash
Not Rated
Investment Fund
30 Nov 1995
$1174.95 million (as at 31 Aug 2011)
$1.0611 (as at 31 Aug 2011)
$1.0611 (as at 31 Aug 2011)
Suppressed
Offer information
Type Description
Minimum initial investment $500,000
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 SIM Enhanced Cash Trust

The objective of the SIM Enhanced Cash Trust managed fund is The Trust aims to outperform its Benchmark each year on a before fees basis.

The strategy of the SIM Enhanced Cash Trust managed fund is SIM's investment strategy for this Trust is to form a view on the likely returns for various cash securities. This view is based on analysis of the economic fundamentals of the Australian economy and analysis of the credit fundamentals of the individual security. Using the outcome of this process, SIM constructs a portfolio with the desired duration, maturity profile, credit quality and yield curve exposure.

The APIR code of the SIM Enhanced Cash Trust managed fund is SUN0039AU.

SIM Enhanced Cash Trust’s total return last month was 0.49%. This was made up of a growth return of 0.37% and an income return of 0.12%. These returns were calculated as at 30 Jun 2011.

SIM Enhanced Cash Trust’s total return for the last three months was -%. This was made up of a growth return of 0.85% and an income return of -%%. These returns were calculated as at 30 Jun 2011.

SIM Enhanced Cash Trust’s one-year total return is -%. This was made up of a growth return of 1.35% and an income return of -%. These returns were calculated as at 30 Jun 2011.

SIM Enhanced Cash 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 30 Jun 2011.

The asset allocation of the SIM Enhanced Cash 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 SIM Enhanced Cash Trust managed fund is Suncorp Metway Investment Management Ltd.

The SIM Enhanced Cash Trust managed fund belongs to the Australian Cash sector/asset class.

As at 31 Aug 2011, the size of the SIM Enhanced Cash Trust managed fund was $1174.95 million.

The SIM Enhanced Cash Trust managed fund has an inception date of 30 Nov 1995.

The current entry price of the SIM Enhanced Cash Trust managed fund is $1.0611 per unit and the current exit price is $1.0611 per unit (as at 31 Aug 2011).

The current exit price of the SIM Enhanced Cash Trust managed fund is $1.0611 per unit and the current entry price is $1.0611 per unit (as at 31 Aug 2011).

The minimum initial investment amount for the SIM Enhanced Cash Trust managed fund is $500,000.

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.