Investment Objective


Wholesale investor offering providing the option of having bank term deposit exposures managed by a professional investment manager.

A unique offering only investing in term deposits with Australia’s leading four banks and their divisions.

A deliberately simple cash offering for investors seeking to reduce the administrative burden of managing a book of term deposits.

Fund Facts

Objective Provide enhanced cash returns, improved liquidity and superior diversification
Holdings Cash deposits with Australia’s four leading banks and their divisions
Inception Date 14 December 2012
Fund Size $119m
Distribution Frequency Quarterly
Management Costs 0.25% p.a. (exclusive of GST)
Buy/Sell Spread 0.00% / 0.00%

Performance, Prices & Distributions


Net returns as at 31 August 2020

1
month
%

3
months
%

FYTD
%

1
year
%

3
years
% pa

5
years
% pa

10
years
% pa

Since inception
(14/12/2012)
% pa

Fund +0.08 +0.30 +0.19 +1.58 +2.10 +2.28 - +2.75

Month-end Unit Price
Prices as at 31 August 2020

Application $1.0640
Redemption $1.0640

Distribution

Distribution

Reinvestment Price

30 June 2020 $0.005667 $1.0620

Portfolio Holdings

As at 31 August 2020

Fund
Westpac 41.0%
National Australia Bank 22.0%
Commonwealth Bank of Australia 37.0%
Cash 0.0%

Fund Documents


Available for investments of $500,000 or more. Please contact us on 1300 927 254 or contact@warakirri.com.au for more information.