asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: DDH0009AU
release_schedule: NO COMMENTARY
structure:
fund_features:
DDH Cash IDPS Fund’s objective is to allow investors to access the interest rate returns available from “at-call” deposit accounts and term deposits held. As an interest rate only product, there are no capital growth components to the return to investors. The Fund will seek out and invest in competitive “at call” deposits and in addition, may invest in fixed term deposits (to a maximum of 25%*) with banks supervised by APRA.
- Aims to produce a net (after fees) interest rate return for investors in excess of the Reserve Bank of Australia Cash Rate.
- Competitive cash rate product with security of underlying bank deposit products rated at least BBB-
- Vanilla style investment
- Low risk/return profile
- Regular reporting and monthly distributions
- Low initial investment