About the Fund
The Experts’ Choice Short Term Money Market Fund (the Fund) aims to provide a stable return on investment with a low level of capital loss over any timeframe. The Fund currently engages a single manager to manage the Fund’s investments, with exposure to Australian money market securities, including overnight cash and cash-like investments such as term deposits via a cash management trust.
To provide low but stable returns over the short term with low risk of capital losses, which exceed the Fund's performance benchmark after costs and before tax.
This product is likely to be appropriate for a consumer seeking capital preservation and regular income to be used as a satellite/core holding within a portfolio where the consumer has a short to medium investment timeframe and a very low risk/return profile.
Withdrawals are allowed daily. Withdrawals are normally processed within 5 business days. The constitution allows for payments to be made within 30 calendar days.
What are the risks?
The Fund may be suitable for a consumer with a conservative or very low risk profile, seeking to minimise potential losses (eg has the ability to bear up to 1 negative return over a 20-year period (SRM 1)) and is comfortable with a very low target return profile.
The ‘Risks of investing’ section of the Product Disclosure Statement and Incorporated Information for this Fund provides further information about the risks noted above, as well as information about other investment risks of which you should be aware.
For more detailed information relating to the risks of the Fund, please refer to the relevant Product Disclosure Statement.
View our pricing and performance page for more information
Platform Fund
Fund details
| APIR Code | HLR0007AU |
| Minimum investment | $10,000,000 |
| Investment objective | To provide low but stable returns over the short term with low risk of capital losses, which exceed the Fund's performance benchmark after costs and before tax. The benchmark for the fund is Bloomberg AusBond Bank Bill Index. |
| Investment approach | The Fund currently engages a single manager to manage investments. The Fund's exposure is to Australian money market securities, including overnight cash, cash-like investments such as term deposits and cash management trusts. The Fund invests in a diversified range of investment grade Australian money market securities, including cash-like investments with short term maturities such as prime bank bills, commercial paper and term deposits. The Fund may also invest in medium term securities including floating rate notes and asset backed securities. Where it is consistent with the Fund's investment objectives, the Fund may also invest in other financial products such as other managed funds and securities. |
| Minimum suggested timeframe |
No minimum |
| Distribution frequency |
Quarterly |
| Product inception date |
07 Sep 1995 |
| Risk level (1-7) |
1. Very low |
| Product status | Open |
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What you need to know
This information has been prepared by National Mutual Funds Management Ltd (ABN 32 006 787 720, AFSL 234652) (NMFM). This information is solely for the use of the party to whom it is provided and must not be provided to any other person or entity without the express written consent of NMFM.
While every care has been taken in the preparation of this information, NMFM makes no representation or warranty as to the accuracy or completeness of any statement in it including without limitation, any forecasts. This information has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of the information in this information, and seek professional advice, having regard to their objectives, financial situation and needs.
The investment option referred to on this page is available through products issued by N.M. Superannuation Proprietary Ltd ABN 31 008 428 322, AFSL 234654 (NM Super)..
Neither NM Super, NMFM nor any other company in the AMP Group guarantees the repayment of capital or the performance of any product or any particular rate of return referred to in this information. Past performance is not a reliable indicator of future performance. All information on this website is subject to change without notice. NMFM is part of the AMP group.
The information included on this page was current on the date published within the document or report and issued by the entity identified in the document or report. For up-to-date information, we refer you to the relevant product disclosure statement, target market determination and product updates available at amp.com.au.