What is a cash investment fund?
Cash investment funds are specifically designed to provide investors with a competitive rate of investment return at low risk. Because they’re a stable choice, cash investment funds are ideal for people looking to invest while still having ease of access to their money. This type of managed investment is based on asset classes related to currency, like bank bills, government bonds and other interest bearing securities.
Cash investment funds at Tasmanian Perpetual Trustees
Note: a Cash Fund investment is not a bank account and has a different risk profile. You should consider this fact when deciding to invest.
At Call Fund
Tasmanian Perpetual Trustees offers the At Call Fund, which is generally suitable for investors with a short to medium-term outlook.
|Major Asset Class||Cash|
|Income Distribution Frequency||Quarterly|
|Minimum Investment and Minimum Balance||$100|
|Redemption Period||At call|
|Redemption Cut-off Time||5pm|
|Investment Objective (Full description see the relevant page)||To outperform the UBS Warburg Bank Bill Index on a before fees basis.|
|Return Type||Income Only|
|Linked Cheque Book/Debit Card||No|
Invest funds easily with direct credit
Regular contributions are a great way to build the return on your managed investment, and Tasmanian Perpetual Trustees makes it easy to organise with our direct credit facility. You can transfer funds electronically to your Tasmanian Perpetual Trustees investment account from an account held at your bank or financial institution. Usually you can arrange this through online banking, but if not, just get in touch with your bank and they can help you set it up. The transfer can either be a one-off lump sum or a scheduled transfer that occurs at regular intervals.
For more information on the features of the investment Funds such as fees, liquidity levels and funds investment we recommend that you read the Product Disclosure Statement.
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Devonport: 53 Best Street
Hobart: 137 Harrington Street
Launceston: Cimitiere House, Level 1, 113 Cimitiere Street
Tasmanian Perpetual Trustees clients can access Estate Planning services only from the following MyState Bank branches:Burnie: 87 Wilson Street
Glenorchy: 366 Main Road
Kingston: Shop 52, Channel Court Shopping Centre
Kings Meadows: Shop 27, Meadow Mews Plaza
Rosny: 11 Bayfield Street
Hobart: 144 Collins Street