InvestSMART

UBS Credit Enhanced Cash Fund - Managed Fund (Closed)

Fund Objective
This Fund aims to provide a total return (after ongoing fees) in excess of the UBS Australian Bank Bill Index (Benchmark) when measured over rolling 12 month periods.
Fund Strategy
The Fund is an actively managed $A portfolio of investment grade short term deposits, cash equivalent securities, fixed income securities, interest rate investment contracts and financial derivatives. Fixed income securities include govt, semi-govt and corp bonds, mortg and other asset backed securities and structured FI securities. The interest rate risk normally associated with FI securities is hedged using interest rate derivatives. This effectively converts the fixed income securities from fixed rate to floating rate securities.

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 -% -% -% -% -% -% -% -%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.31% 0.9% 1.83% 3.97% 4.22% 4.11% 2.71% 2.11%
Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

UBS Credit Enhanced Cash Fund
Cash
20.58%
Fixed Interest
77.52%
Alternatives
1.90%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Average Allocation of Peers
Cash
18.88%
Fixed Interest
80.22%
Alternatives
0%
Australian Equities
0.03%
International Equities
0%
Property & Infrastructure
0.88%

General Information

Fund Details
Type Description
UBS Credit Enhanced Cash Fund
Closed
UBS Asset Management (Australia) Ltd
UBS0102AU
Australian Short Term Fixed Interest
star (as at 30 Apr 2009)
Investment Fund
23 Oct 2000
$40.54 million (as at 31 Jan 2010)
$1.0013 (as at 8 Feb 2010)
$1.0013 (as at 8 Feb 2010)
Finalised
Offer information
Type Description
MER 0.25% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 0.25% (as at 30 Jun 2008)
Minimum initial investment $20,000
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FAQs about the UBS Credit Enhanced Cash Fund

The objective of the UBS Credit Enhanced Cash Fund managed fund is This Fund aims to provide a total return (after ongoing fees) in excess of the UBS Australian Bank Bill Index (Benchmark) when measured over rolling 12 month periods.

The strategy of the UBS Credit Enhanced Cash Fund managed fund is The Fund is an actively managed $A portfolio of investment grade short term deposits, cash equivalent securities, fixed income securities, interest rate investment contracts and financial derivatives. Fixed income securities include govt, semi-govt and corp bonds, mortg and other asset backed securities and structured FI securities. The interest rate risk normally associated with FI securities is hedged using interest rate derivatives. This effectively converts the fixed income securities from fixed rate to floating rate securities.

The APIR code of the UBS Credit Enhanced Cash Fund managed fund is UBS0102AU.

UBS Credit Enhanced Cash Fund’s total return last month was -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at .

UBS Credit Enhanced Cash Fund’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 .

UBS Credit Enhanced Cash Fund’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 .

UBS Credit Enhanced Cash Fund’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 .

The asset allocation of the UBS Credit Enhanced Cash Fund managed fund is :

Cash
20.58%
Fixed Interest
77.52%
Alternatives
1.90%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%

The Responsible Entity for the UBS Credit Enhanced Cash Fund managed fund is UBS Asset Management (Australia) Ltd.

The UBS Credit Enhanced Cash Fund managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 31 Jan 2010, the size of the UBS Credit Enhanced Cash Fund managed fund was $40.54 million.

The UBS Credit Enhanced Cash Fund managed fund has an inception date of 23 Oct 2000.

The current entry price of the UBS Credit Enhanced Cash Fund managed fund is $1.0013 per unit and the current exit price is $1.0013 per unit (as at 8 Feb 2010).

The current exit price of the UBS Credit Enhanced Cash Fund managed fund is $1.0013 per unit and the current entry price is $1.0013 per unit (as at 8 Feb 2010).

The minimum initial investment amount for the UBS Credit Enhanced Cash Fund managed fund is $20,000.

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.