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Macquarie Master Cash Fund

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100155-2023-07-02-02:37.pdf
FUND MANAGER Macquarie Investment Management
ASX Code
APIR MAQ0187AU
ASSET CLASS FIXED INTEREST
INVESTMENT STYLE

The Fund provides exposure to a portfolio of highly-rated cash and short-term fixed interest securities issued by government or corporate entities.
INVESTMENT PROFILE The Fund aims to perform in line with the Benchmark over the short term (before fees) and provide regular income while preserving capital by using a low risk investment strategy.
CURRENCY MANAGEMENT Unhedged
INCEPTION DATE 29-06-2000
BENCHMARK Bloomberg AusBond Bank Bill Index
FUND SIZE Bloomberg AusBond Bank Bill Index
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS
FEES 0.513% pa of the net asset value of the Fund
STRUCTURE

Benefits

Benefits

Benefits of investing in the Macquarie Master Cash Fund

  • Potential for regular income while preserving capital value by using a low-risk investment strategy.
  • Aims to deliver returns in line with the index.
  • Potential to add value through active management to take advantage of movements in market interest rates.
  • Access to the investment management expertise of Macquarie Investment Management.
  • Exposure to a strategy that uses a disciplined and thorough investment process that is backed by in-house quantitative analysis.

Risk Level
Low
Investor Suitability

The Fund may be suitable for investors who are looking for an investment with the objective of the Fund and are prepared to accept the risks of the Fund set out in Section 4 of the PDS.
RISK LEVEL Very low
INVESTOR SUITABILITY

The Fund may be suitable for investors who are looking for an investment with the objective of the Fund listed above and are prepared to accept the risks of the Fund set out in Section 4. A Target Market Determination (TMD) for the Fund which includes a description of the class of consumers for whom the Fund is likely to be consistent with their objectives, financial situation and needs is available at macquarieim.com/TMD.

Risks

Title
Detail

Key Features

Description of the Fund

Provides exposure to a portfolio of highly-rated cash and short-term fixed interest securities issued by government or corporate entities.

The Investment Manager's cash management approach is driven by a disciplined and thorough process, backed by in-house quantitative analysis. Investment returns are further enhanced by formulating views on the likely direction of short-term interest rates and positioning the Fund to benefit from these views.

The Fund gains exposure to securities either directly or through funds managed by a member of the Macquarie Group.

The duration profile of the Fund is actively managed through the use of derivatives, including derivatives that increase in value when the underlying instrument falls in value, and decrease in value when the underlying instrument rises in value.

Mandate

Asset allocation

  • Cash and short-term fixed interest securities: 100%