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Showing 11 - 20 of 71 results for "Cash plus"

ASIC cleans up 'cash plus' funds

KANIKA SOOD  |  WEDNESDAY, 23 SEP 2020
... bond or diversified fund and hence, higher risk and lower liquidity as compared to cash. It took particular note of 'cash plus' or 'cash enhanced' labelling, where ASIC found 50% and 70% respectively of assets were not cash or cash equivalents, and actually ...

Vanguard fund drops "cash plus" name

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
Vanguard has joined the growing line of fund managers snipping the "cash plus" tag from their short-term fixed income funds, as ASIC sharpens focus on managed funds advertising. Effective October 1, the Vanguard Cash Plus Fund will be renamed the Vanguard ...

New 'cash plus' style sovereign bond fund

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... fund will hold high-grade sovereign bonds from G7 nations and Australia, with an average credit rating of AA+. The 'cash plus' style fund is promising higher than cash returns with daily liquidity and low volatility, with co-portfolio manager Charlie ...

Pendal winds back fees

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
... record-low of 0.25%. The Pendal Managed Cash Fund will go from charging 22bps per year to 12bps, while the Pendal Stable Cash Plus Fund will reduce from 25bps per year to 18bps. The fee changes came into effect on July 1 and run for 12 months. "Over ...

Ironbark fund rating under review

KANIKA SOOD  |  TUESDAY, 21 APR 2020
... LHP Diversified Investments invests in 25 to 50 sub-managers of alternative strategies to build a portfolio that seeks cash plus 5%-8% (net), with volatility of 4%-6% and an equity beta below 0.25. Lighthouse Partners selects the managers while Ironbark ...

Super fund lowers MySuper fees

KANIKA SOOD  |  MONDAY, 13 JAN 2020
... option at roughly $5.1 billion of the fund's $5.8 billion in total assets. The fund has also lowered fees on its cash plus option from 0.03% to 0.02% per year in investment fees. Lastly, the equity plus option is going down from 0.18% to 0.15% per ...

Boutique launches new fund

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... investors in excess of the RBA's official cash rate," the PDS reads. Matthew Lemke, who set up Prime Value's Cash Plus Fund in 2014, is the portfolio manager for the new fund. The fund allows investors to diversify their cash, equity and property ...

Industry fund awards $500m mandate

KANIKA SOOD  |  THURSDAY, 4 JUL 2019
... managed through Ardea, Coolabah and Kapstream. The fund took a decision to hold longer duration bonds, moving away from cash plus and inflation plus products, Block said in a May interview with Financial Standard. "We wanted to ensure our bond product ...

Industry fund dips toes in private equity

KANIKA SOOD  |  THURSDAY, 9 MAY 2019
... managed through Ardea, Coolabah and Kapstream. The fund took a decision to hold longer duration bonds, moving away from cash plus and inflation plus products. "We wanted to ensure our bond product was true to label with duration matching the index," ...

MLC MySuper switches to lifestage

KANIKA SOOD  |  FRIDAY, 22 FEB 2019
... growth portfolio: 50% growth and 50% defensive. Its objective is to beat CPI by 2.5% pa over any five-year period MySuper cash plus portfolio: 100% cash. Its objective is to outperform the Bloomberg AusBond Bill Index over any one year period. How will ...