A type of fund used mostly in Australia which was developed for conservative investors who are looking to preserve capital and reasonable investment returns. Portfolio managers of cash plus funds will invest in a combination of high-yield fixed money market and income securities. The funds success is often compared to the UBS Australian Bank Bill Index. The fees on this type of fund are generally low.
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A type of fund, commonly found in Australia, that is formulated for conservative investors seeking preservation of capital and reasonable investment returns.
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- Cash Plus Fund: Definition from Answers.com
Cash Plus Fund A type of fund, commonly found in Australia, that is formulated for conservative investors seeking preservation of capital and reasonable.
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- UBS - UBS Cash-Plus Fund - Australia
Aug 3, 2012 ... Investment objective. The Fund aims to provide investors with a total return (after management costs) in excess of the UBS Bank Bill Index ...