InvestSMART

United Securities Leaders - Australian Cash - Managed Fund (Closed)

Fund Objective
To provide stable returns with low risk over the short term, by investing in a range of cash and short term securities, and to achieve a total return after fees in excess of the UBSA Bank Bill Index over a rolling 1 year period.
Fund Strategy
The Fund generally gains its investment exposure by investing in a portfolio of domestic cash investment managers. The Fund is designed to provide investors with returns higher than a fund invested purely in cash, and in excess of the UBSA Bank Bill Index.

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 0.32% 0.95% 2.25% 5.27% 5.02% 5.01% 4.92% 4.89%
Growth return 0.32% 0.95% 0.14% 0.41% 0.65% 0.31% -0.2% 0.04%
Income return 0% 0% 2.11% 4.86% 4.37% 4.7% 5.12% 4.85%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.3% 0.91% 1.83% 3.89% 4.18% 4.12% 2.77% 2.12%
As at 30 Sep 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

United Securities Leaders - Australian Cash
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
19.18%
Australian Equities
0.03%
International Equities
0%
Property & Infrastructure
0.88%
Fixed Interest
79.91%
Alternatives
0%

General Information

Fund Details
Type Description
United Securities Leaders - Australian Cash (Wholesale)
Closed
United Funds Management Limited
SMF0104AU
Australian Short Term Fixed Interest
starstar (as at 30 Sep 2011)
Investment Fund
31 Jan 2001
$38.17 million (as at 30 Sep 2011)
$0.9613 (as at 30 Sep 2011)
$0.9603 (as at 30 Sep 2011)
Finalised
Offer information
Type Description
MER 0.58% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) 0.60% (as at 30 Jun 2011)
Performance fee (not included in ICR) 0
Minimum initial investment $100,000
Minimum additional investments $1,000.00
Minimum redemption amount
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FAQs about the United Securities Leaders - Australian Cash

The objective of the United Securities Leaders - Australian Cash managed fund is To provide stable returns with low risk over the short term, by investing in a range of cash and short term securities, and to achieve a total return after fees in excess of the UBSA Bank Bill Index over a rolling 1 year period.

The strategy of the United Securities Leaders - Australian Cash managed fund is The Fund generally gains its investment exposure by investing in a portfolio of domestic cash investment managers. The Fund is designed to provide investors with returns higher than a fund invested purely in cash, and in excess of the UBSA Bank Bill Index.

The APIR code of the United Securities Leaders - Australian Cash managed fund is SMF0104AU.

United Securities Leaders - Australian Cash’s total return last month was 0.32%. This was made up of a growth return of 0.32% and an income return of 0%. These returns were calculated as at 30 Sep 2011.

United Securities Leaders - Australian Cash’s total return for the last three months was 0.95%. This was made up of a growth return of 0.95% and an income return of 0%%. These returns were calculated as at 30 Sep 2011.

United Securities Leaders - Australian Cash’s one-year total return is 5.27%. This was made up of a growth return of 0.41% and an income return of 4.86%. These returns were calculated as at 30 Sep 2011.

United Securities Leaders - Australian Cash’s one-year total return is 5.01%. This was made up of a growth return of 0.31% and an income return of 4.7%. These returns were calculated as at 30 Sep 2011.

The asset allocation of the United Securities Leaders - Australian Cash managed fund is :

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

The Responsible Entity for the United Securities Leaders - Australian Cash managed fund is United Funds Management Limited.

The United Securities Leaders - Australian Cash managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

As at 30 Sep 2011, the size of the United Securities Leaders - Australian Cash managed fund was $38.17 million.

The United Securities Leaders - Australian Cash managed fund has an inception date of 31 Jan 2001.

The current entry price of the United Securities Leaders - Australian Cash managed fund is $0.9613 per unit and the current exit price is $0.9603 per unit (as at 30 Sep 2011).

The current exit price of the United Securities Leaders - Australian Cash managed fund is $0.9603 per unit and the current entry price is $0.9613 per unit (as at 30 Sep 2011).

The minimum initial investment amount for the United Securities Leaders - Australian Cash managed fund is $100,000. Minimum additional investment is $1000.

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.