Prime Value Cash Plus Fund
The Prime Value Cash Plus Fund was established on 3 June 2014 and is designed for investors seeking a return above the RBA cash rate from a diverse portfolio of securities with an emphasis on capital preservation. The Fund aims to provide a regular income with a low risk exposure.
|Portfolio Manager||Matthew Lemke|
|Investment objective||To provide regular income with low risk exposure. The Fund targets a return to investors in excess of the Reserve Bank of Australia’s (RBA) cash rate with minimal risk of capital loss in the medium term.|
|Benchmark||RBA Cash Rate|
|Inception Date||3 June 2014|
|Interest Rate Reset Duration||Approx. 3 months|
|Recommended investment period||1 year +|
|Prime Value Cash Plus Fund||Prime Value Cash Plus Wholesale Fund (SIV)*|
|Indirect Cost Ratio (ICR)||0.60% p.a.||0.60% p.a.|
*This fund, which currently has the same investment as the Prime Value Cash Plus Fund, is for investors seeking nomination for a Significant Investor Visa (SIV)
The Fund is designed for investors seeking a return above the RBA cash rate from a diverse portfolio of securities with an emphasis on capital preservation. The Fund can serve as an adjunct to the way investors manage their cash holdings. The Fund may be appropriate for the following investors: individuals, family trusts, self-managed superannuation funds (SMSF), companies or businesses with excess cash, foundations, charities or Not-For-Profit organisations. This graph shows how $100,000 invested at the Fund’s inception has increased to $121,500 (net of fees). This compares with the return of the RBA cash rate, where a $100,000 investment would have increased to $109,800 over the same period.
1. Benchmark refers to an index or measurement that is used by an investment manager to assess relative performance of an investment portfolio.
2. Prime Value reserves the right to accept less than the above minimum investment or to reject an application in whole or in part.
3. Unless otherwise stated, all fees quoted in this PDS are inclusive of GST, after allowing for an estimate for Reduced Input Tax credits (RITC).