September, 2020
The trust continued its outperformance of the Bank Bill Index. Money market yields dropped during the quarter reflecting the expectations for further easing in cash rates by the Reserve Bank. Allocations to Term Deposits, NCDs and cash notice accounts have contributed to the performance over the quarter. There were no significant detractors from performance.
File: https://commentary.quantreports.net/wp-content/uploads/2020/11/FS_IOOF_Cash_Management_Trust.pdfticker: PIM0002AU
commentary_block: Array
factsheet_url:
QUARTERLY under Fund Profiles https://www.ioof.com.au/forms/ioof_trusts_and_funds/cash_mgt
asset_class: Cash
asset_category: Australian Cash
peer_benchmark: Cash - Australian Cash Index
broad_market_index: RBA Cash Rate Target Index
structure: Managed Fund