Mutual Cash Fund (MCTDF)
Investment Objective
To source and actively manage a portfolio of the best deposits offered by ANZ, CBA, NAB, WBC and subsidiaries, with small cash holdings to provide Fund liquidity.
Investment Strategy
The Fund capitalises on the competition between the Big 4 banks for deposits, targeting capital security for investors and net returns that outperforms the Bloomberg AusBond Bank Bill Index and cash alternatives.
Fund Information
APIR PRM0010AU
Inception Date
Benchmark
Style
September 2011
AusBond Bank Bills
Bank Bills plus 0.50%
Cash
Distributions
Quarterly
Performance Target
1
$20,000
Risk Profile
Low–Medium
Deposits of major Australian Banks
Minimum Investment
0.23% p.a.
Asset Profile
3
Management Fees
2
Buy/Sell Spreads
Interest Rate Duration
Liquidity
Credit Duration Cap
n/a
Low
Daily
n/a
Rating
Zenith Recommended
Lonsec Recommended
1 After Fees, per annum. Bank Bill measured by the Bank Bill Swap Rate.
2 Including GST and net of Reduced Input Tax Credits
3 ANZ, CBA, NAB, WBC
Performance
As at 31 December 2025
3 Mths
6 Mths
12 Mths
3 Yrs (p.a.)
5 Yrs (p.a.)
Since Inception (p.a.)
Mutual Cash Fund (MCTDF)
0.97%
2.00%
4.24%
4.41%
2.95%
2.83%
0.90%
1.83%
3.97%
4.11%
2.71%
2.41%
Bloomberg AusBond Bank Bill Index
Relative Performance
0.07%
0.17%
0.27%
0.30%
0.24%
0.42%
Please note, as at 31 December 2025 Mutual Limited has aligned to market standard reporting of performance as the Compounded Annual Growth Rate (CAGR), which reports returns assuming quarterly income is reinvested.
Distributions
APIR
31/12/2025
30/09/2025
30/06/2025
31/03/2025
31/12/2024
PRM0010AU
Mutual Cash Fund (MCTDF)
0.009581
0.010395
0.011430
0.011752
0.012991
