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Investment Opportunities > Managed Funds > Cash Management Trusts > Macquarie Cash XL Print this page [ A ] [ A ] [ A ]

Macquarie Cash XL

Macquarie Cash XL
Rebate Offer N/A
Minimum Initial Investment No minimum
Expected Close Date Ongoing
Description Macquarie Cash XL is is managed online to maximise ease and convenience for investors when making cash management decisions.
Product Disclosure Statement
  Download Product Disclosure Statement (PDS)
  Request Product Disclosure Statement (PDS)
Macquarie Cash XL is a registered management investment scheme that is structured to give investors online access to their cash account at all times to facilitate ease of management.

Macquarie Cash XL allows investors to make fast and fully-informed decisions concerning their cash and other investment opportunities. The account is managed online so that the balance, transactions and statements can be accessed at all times. It provides the investor and the financial adviser with access to the necessary account information. Investors will also benefit from higher interest rates being paid compared to those available from a typical transaction or cash management trust.

Features  
Contribution fee
NIL
Withdrawal fee
NIL
Management costs
NIL
Income paid
monthly
Minimum account balance
No minimum

Key features
  • The account is linked to a nominated bank or CMT account and all deposits and withdrawals are processed through that account.
  •  Interest is calculated daily and paid monthly to provide investors with the benefit of compounding.
  • Unit price: $1.00

Macquarie Investments Management Limited (MIML) acts as the Responsible Entity of the Cash XL scheme. It is a member of the Macquarie Group of companies and also manages the Macquarie Cash Management Trust, the largest retail managed fund in Australia.



Fee Disclosure
There is no entry or upfront fee paid on investments in the Macquarie Cash XL Account. 2020 DIRECTINVEST may receive a trailing commission of up to 0.10% pa. This is paid by the fund manager and is NOT an additional charge to the investor.

  Download Product Disclosure Statement (PDS)
  Request Product Disclosure Statement (PDS)