UBS Cash Management Trust

The UBS Cash Management Trust ("CMT") aims to provide a return (before management costs) equivalent to the overnight cash rate (as published daily by the Reserve Bank of Australia). Investors in the CMT can choose between two levels of access: "Primary" or (if available to you) "Network Plus". More flexible CMT Debit Facilities are provided if you choose “Network Plus” access. To find out more about the CMT and CMT Debit Facilities you can read:
 

Changes to the CMT and CMT Debit Facilities

The UBS Cash Management Trust (CMT) Product Disclosure Statement (PDS), CMT Additional Information Booklet, and UBS CMT Debit Facilities PDS (CMT Disclosure Documents) issued by UBS Global Asset Management (Australia) Ltd ABN 31 001 146 290, AFSL 222605 have all been replaced as at 1 July 2014. 

The CMT Disclosure Documents incorporate amendments to reflect:

  • an expanded category of investors (Ineligible Investors) who do not have access to Network Plus or cheque facilities (refer section 2 "How the UBS Cash Management Trust works", CMT PDS;"section 1 "How the UBS Debit Facilities work", UBS CMT Debiti Facilities PDS; section 3 "Benefits and features of investing the UBS Cash Management Trust" and section 11 "Terms and Conditions", UBS CMT Additional Information Booklet);
  • obligations arising from the U.S. Foreign Account Tax Compliance Act (FATCA) which may affect certain existing unit holders and prospective investors (refer secton 4 "Risks of Managed Investment Schemes", CMT PDS; ection 3 "Benfits and features of investing the UBS Cash Management Trust", section 9 "Privacy" and section 11 "Terms and Conditions", UBS CMT Additional Information Booklet);
  • updated information about UBS Global Asset Management (Australia) Ltd, the responsible entity of the CMT (refer section 1 "About UBS Global Asset Management (Australia) Ltd", UBS CMT Additional Information Booklet);
  • updated CMT net market asset value and asset allocation as at 31 March 2014 (refer section 5 "How we invest your money", CMT PDS);
  • updated Management costs estimate for the CMT and fees (refer section 6 "Fees and costs", CMT PDS; refer section 5 "Fees and costs", UBS CMT Additional Information Booklet);
  • updated tax information (refer section 6 "How managed investment schemes are taxed", UBS CMT Additional Information Booklet);
  • updated information for New Zealand invsetors (refer section 8 "How to apply", CMT PDS; section 8 "More information about features New Zealand investors", UBS CMT Additional Information Booklet); and
  • updated contact information (refer section 9 "Other information", CMT PDS; section 12 "Contact us", UBS CMT Additional Information Booklet)

How has the Trust performed in the past?

2007/2008

2008/2009

2009/2010

2010/2011

2011/2012 2012/2013

6.12%

4.26%

2.79%

3.76%

4.81% 3.47%

Performance figures are based on the distributions paid or payable to unitholders during the relevant financial year. Past performance may not be repeated in the future and as such is not a guide to future performance. Please note that returns can be volatile. Please call 1800 338 462 for daily rates of return.


Access Types

Regular Information

  • Monthly Transaction Statements if there has been account activity, otherwise quarterly
  • Transaction Statements (March, June, September and December)
  • Balances and transactions online (available only with Network Plus access)
  • Annual Report for the Trust (which includes Trust income and expenses information)


Income

  • Accrued daily and credited to your Trust Account quarterly (or earlier if you close your Trust Account)
  • You can elect for income to be automatically reinvested or have it paid directly into a nominated account (unless it is less than $5.00)


Fees

  • Nil entry and exit fees
  • Competitive management fee


Appointment of Agents

You can elect to have Authorised Third Parties, Automatic Settlement Companies and Authorised Persons appointed to carry out transactions on your Trust Account (such as Third Party Transactions)

In addition to the benefits of being a Unitholder as outlined above, with Primary access there are added benefits in the way in which you can access your Trust Account:

  • Cheque and Deposit facilities
  • You will receive a personalised cheque and deposit book
  • You can write cheques and deposit funds at Westpac, Bank of Melbourne and Challenge Bank branches

Network Plus access can provide you with easy access to your Trust Account on a competitive basis. In addition to the benefits of being a Unitholder as outlined above under Primary access, with Network Plus access there are added benefits in the way in which you can access your Trust Account. The different ways you can access your Trust Account are set out below:

Internet Banking

  • view your Account Balance and transactions online
  • transfer funds to other accounts
  • pay bills via BPAY


Telephone Banking

  • check your Account Balance
  • transfer funds to other Trust accounts
  • pay bills via BPAY


Debit MasterCard®

  • ATM access
    • view transactions and Account Balances
    • withdraw cash
  • pay for meals and other merchandise

This information is general information only and does not take into account your individual objectives, financial situation or needs. UBS Global Asset Management (Australia) Ltd (ABN 31 003 146 290, AFS Licence No. 22605) is the issuer of the CMT and CMT Debit Facilities.  You should consider the CMT Disclosure Documents before making any decision to invest in the CMT or use the CMT Debit Facilities.