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  5. United Enhanced Cash Fund - Managed fund profile

United Enhanced Cash Fund - Managed Fund (Closed)

Fund Objective
To provide investors with a total investment return (before tax, fees and other ongoing expenses) that is at least equal to the rate of increase of the UBS Warburg Bank Bill Index over rolling periods of three years or longer.
Fund Strategy
The Fund's asset allocation is divided between cash investments, which are deposited for interest at call or in short term deposits, and securities such as bank bills with maturities up to 90 days, and units held in a United wholesale Australian equity fund, with futures sold to create cash equivalent exposure.

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 -0.01% 1.39% 0.85% -0.01% 2.85% 3.25% 3.84% -%
Growth return -3.96% -2.61% -3.73% -5.39% -1.03% -0.79% -1.07% -%
Income return 3.95% 4% 4.58% 5.38% 3.88% 4.04% 4.91% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.33% 1.05% 3.11% 4.31% 4.73% 3.74% -0.03% 2.14%
As at 30 Jun 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

United Enhanced Cash Fund
Cash
85.20%
Fixed Interest
14.80%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.60%
Fixed Interest
92.48%
Australian Equities
0.62%
International Equities
0.02%
Property & Infrastructure
0.02%
Alternatives
0.25%

General Information

Fund Details
Type Description
United Enhanced Cash Fund
Closed
United Funds Management Limited
UFM0048AU
Unconstrained Fixed Income
starstarstar (as at 30 Jun 2008)
Investment Fund
27 Jun 2002
$0.13 million (as at 30 Jun 2008)
$0.9636 (as at 30 Jun 2008)
$0.9627 (as at 30 Jun 2008)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
MER 1.34% (as at 30 Jun 2005)
Minimum initial investment $5,000.00

FAQs about the United Enhanced Cash Fund

The objective of the United Enhanced Cash Fund managed fund is To provide investors with a total investment return (before tax, fees and other ongoing expenses) that is at least equal to the rate of increase of the UBS Warburg Bank Bill Index over rolling periods of three years or longer.

The strategy of the United Enhanced Cash Fund managed fund is The Fund's asset allocation is divided between cash investments, which are deposited for interest at call or in short term deposits, and securities such as bank bills with maturities up to 90 days, and units held in a United wholesale Australian equity fund, with futures sold to create cash equivalent exposure.

The APIR code of the United Enhanced Cash Fund managed fund is UFM0048AU.

United Enhanced Cash Fund’s total return last month was -0.01%. This was made up of a growth return of -3.96% and an income return of 3.95%. These returns were calculated as at 30 Jun 2008.

United Enhanced Cash Fund’s total return for the last three months was 1.39%. This was made up of a growth return of -2.61% and an income return of 4%%. These returns were calculated as at 30 Jun 2008.

United Enhanced Cash Fund’s one-year total return is -0.01%. This was made up of a growth return of -5.39% and an income return of 5.38%. These returns were calculated as at 30 Jun 2008.

United Enhanced Cash Fund’s one-year total return is 3.25%. This was made up of a growth return of -0.79% and an income return of 4.04%. These returns were calculated as at 30 Jun 2008.

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

Cash
85.20%
Fixed Interest
14.80%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

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

The United Enhanced Cash Fund managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 30 Jun 2008, the size of the United Enhanced Cash Fund managed fund was $0.13 million.

The United Enhanced Cash Fund managed fund has an inception date of 27 Jun 2002.

The current entry price of the United Enhanced Cash Fund managed fund is $0.9636 per unit and the current exit price is $0.9627 per unit (as at 30 Jun 2008).

The current exit price of the United Enhanced Cash Fund managed fund is $0.9627 per unit and the current entry price is $0.9636 per unit (as at 30 Jun 2008).

The minimum initial investment amount for the United Enhanced Cash Fund managed fund is $5,000.

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.