asset_category: Enhanced Cash
peer_benchmark: (ETF) Fixed Interest - Enhanced Cash Index
broad_market_index: RBA Cash Rate Target Index
manager_contact_details: Array
ticker: BILL
release_schedule: NO COMMENTARY
commentary_block:
factsheet_url:
fund_features:
BlackRock iShares Core Cash employs a passive investment strategy that aims to provide investors with the performance of the S&P/ASX Bank Bill Index (before fees and expenses). The Fund offers the ability to achieve capital preservation and regular income with a diversified portfolio of high quality short-term money market instruments. The Fund is truly liquid and only holds investments in instruments that can be sold on a same day basis.
- Seeks to achieve its objective by tracking the performance of the Bloomberg AusBond Composite 0+ Yr IndexSM (referred to in this section 4 of the PDS as the Index).
- Generally invests in the investment grade fixed income securities issued by the Australian Treasury, Australian semi‐ government entities, supranational and sovereign entities and corporate entities that form the Index.
- It may hold some securities which are not constituents of the Index where such securities provide similar performance (with matching risk profile) to certain securities that make up the Index.
- The Fund may also hold small amounts of cash (or cash equivalents, that may include units in other BlackRock funds) for cash flow management purposes and may also invest in index futures contracts for cash bondisation purposes.
structure: ETF