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Make your cash work harder with the UBS IQ Cash ETF

Sydney Media Releases APAC


Cash has an important role to play in every portfolio. With lower rates expected to continue for longer, it’s more important than ever for investors to find the most effective and efficient way to make their cash work harder for them. It is with this in mind that UBS Asset Management has created and now listed the UBS IQ Cash ETF.

The UBS IQ Cash ETF provides a simple and transparent solution for investors and advisers who are looking for an easily accessible cash product which delivers regular income, capital stability and cash liquidity.

Key facts:

  • Ease of Trade - fund units can be bought and sold daily on the AQUA market of the ASX, similarly to the way you would trade any other ASX listed security
  • Reliable Regular Income – the fund is designed to provide investors with regular distributions, typically paid monthly
  • Competitive Rate – it aims to provide investors with a total return that exceeds the RBA Official Cash rate before fees, expenses and taxes
  • Capital stability - it invests in bank deposits and certificates of deposit issued by Australian regulated banks, Australian subsidiaries of foreign banks and branches of foreign banks

Bryce Doherty, Head of UBS Asset Management, Australia and New Zealand said, “At UBS Asset Management, we believe that all investment categories in an investment portfolio should have equal focus in order to maximize returns. Within a typical Australian superannuation portfolio, the average cash balance held is 10-15%. It is in response to this figure and the demand from clients and advisors that we have brought the UBS IQ Cash ETF to the Australian market. Investors will be able to make their cash balance now work harder for them, delivering income focused investors the opportunity to generate competitive returns on cash while also retaining ready access to their funds should the need arise.”

Caroline Gurney

UBS Media Relations Australasia

+61 2 9324 3335

(M) +61 403 279 605

Jenny Warat

UBS Media Relations Australasia

+61 2 9324 2624

(M) +61 411 383 996

UBS Asset Management

UBS Asset Management (UBS) is a large scale asset manager with well diversified businesses across regions, capabilities and distribution channels, with invested assets of $910 billion globally at 31 March 2017. In Australia, UBS was established in 1986 and has invested assets of $48 billion at 31 March 2017. UBS provides investment management solutions to private clients, financial intermediaries and institutional investors across the world. UBS Asset Management is truly a global asset manager with presence in 22 countries through local office or joint venture.

To meet the needs of our clients, UBS Asset Management offers a diverse range of investment capabilities and styles. We offer equity, fixed income and multi-asset capabilities. UBS Asset Management has a history of investment expertise, delivery and execution in the investment management industry. We aim to combine the latest in portfolio construction, risk management, product development and investment knowledge.

UBS Asset Management (Australia) Ltd ABN 31 003 146 290 Australian financial services licence number 222605 is the responsible entity of, and issuer of units in, the Fund. The Fund is an exchange traded fund or “ETF”, the units in which trade like listed securities. Once quoted, units in the Fund can be traded on the AQUA market of the ASX similarly to the way you would transact in any other security quoted on the ASX. The offer to apply for the issue of units in the Fund is only available to ASX Trading Participants who are acting as principal and have been approved by the responsible entity. Individual investors may only invest in the Fund by purchasing units on the ASX via their stockbroker or financial adviser. The Fund is not available in any jurisdiction other than Australia, or to US Persons.

An investment in the Fund does not represent a deposit with, or a liability of, any company in the UBS group of companies and is subject to investment risk including possible delays in repayment and loss of income and principal invested. No company in the UBS group of companies, including the responsible entity, guarantees the performance of the Fund or the repayment of capital or any particular rate of return, or makes any representation with respect to the income or taxation consequences of an investment in the Fund. Information relating to past performance is not a reliable indicator of future performance.

The information in this document is general information only and does not take into account a person's individual objectives, financial situation or needs. Prospective investors should refer to the PDS for additional information and consider whether an investment is appropriate in light of their objectives, financial situation and needs. For advice or more information about the Fund, consult an Australian financial services licensee or an authorised representative.