Mutual Enhanced Cash (MIF) – (for Retail, Wholesale, IDPS and IDPS-like Investors)

MIF offers investors access to a portfolio of debt instruments offered by the major Australian banks and ADIs with negligible interest rate risk by predominantly investing in assets that reset their base interest rate frequently (usually 90 days).

  • Low duration fund with little interest rate risk
  • Exposure to debt of Australian banks only
  • 60% of exposures in big 4 banks – ANZ, CBA, NAB, WBC
  • Debt securities only – no hybrids and no franking
  • Consistently performing at 1.50% above cash
  • 100% record of positive quarterly returns
  • Consistent cash flows above benchmark
  • No derivatives
  • No leverage
  • Credit risk limited to Australian retail banks – we do not buy investment bank securities
APIR Codes

MIF comprises 2 classes of units as follows:

Class A – PRM0015AU

Class C – PRM0017AU

MIF Downloads:

Click here for the Product Disclosure Statement (PDF)
Click here for the latest quarterly update (PDF)
Click here for an additional investment form (MIF Class C Units Only) (PDF)
Click here for the redemption form (MIF Class C Units Only) (PDF)
Click here for the Zenith Product Assessment (PDF)
Click here for the MIF Application Form (PDF)
Click here for the MIF Factsheet (Mandarin) (PDF)

* If an investor is considering investing through an IDPS or IDPS-like scheme the Product Disclosure Statement for MIF must be read in conjunction with the Product Disclosure Statement of the IDPS or IDPS-like scheme through which an investor is considering investing.

For more information contact Mutual on +613 8681 1900