Cash Management model portfolios are composed of cash, money market and short duration bond funds, which are investment funds that hold high quality and low volatility institutional fixed deposits and fixed income instruments. There are no lock-ups for these funds.
Cash Management - Simple is composed of 2 funds:
50% Ping An USD Money Market Fund (ISIN: HK0000720810)
Fund Type: Cash/Money Market
Fund Manager: Ping An
Description: The Fund seeks to achieve a return in USD in line with prevailing money market rates by investing in short-term deposits and high quality money market instruments.
Aberdeen Standard Liquidity Fund USD (ISIN: LU0049014870)
Fund Type: Cash/Money Market
Fund Manager: Aberdeen Standard
Description: The Fund's objective is to preserve capital and provide liquidity whilst aiming to provide a return in line with prevailing short term money market rates for which SOFR has been chosen as a performance comparator.
Cash Management - Plus is composed of 2 funds:
50% Ping An USD Money Market Fund (ISIN: HK0000720810) - as above
50% Amundi Cash USD Fund (ISIN: LU0568621618)
Fund Type: Cash/Money Market
Fund Manager: Amundi
Description: The Fund seeks a stable performance in line with the Compounded Effective Federal Funds Rate Index by investing at least 67% of its total assets in money market instruments denominated in USD or hedged against USD.