Wealth Cash Income Fund
The Fund provides an opportunity for Wealth Managers to access cash-based products designed with specific considerations to their core needs across returns, liquidity, administration, and reporting. (For Wholesale Investors Only)
- reinvested in the Fund as additional Units; or
- credited to your nominated bank account.
The Fund seeks to deliver low risk cash returns after fees above the AusBond Bank Bill Index (BAUBIL:IND). Transact1 brings together smart technology, deep industry experience and a connected community of market participants to reduce costs, admin and improve performance. Every basis point matters.
Cash investing should be simple without compromising on risk or performance, Transact1 brings together product development through smart automation, deep industry experience along with a strong network to reduce costs, administration resources and improve performance, both operationally and through client returns.
The Fund aims to invest in a dynamic blend of highly rated Cash, Treasury Notes, Certificates of Deposit and Term Deposits to create an income generating cash product with daily liquidity.
The Fund has a 100% allocation to Cash. The allocation includes investments to highly rated Australian dollar cash products including: Bank cash / call notice accounts, treasury notes, certificates of deposit and term deposits.
Transact1 has been providing cash management solutions to financial institutions since 2017. Transact1 has used smart technology to build a seamless cash management system combined with deep industry experience and a solid network of banks which has contributed to reducing administration costs, improving operational characteristics resulting in competitive client returns over 5 years.
The key personnel of the Manager are:
Bill has accumulated over 30 years of experience in the capital markets and funds management industry. His experience includes risk management, portfolio management, securities trading, derivatives, and foreign exchange markets.
Notably from 1998 to 2008, Bill worked in the roles of portfolio management and executive client service & marketing at Tactical Global Management. From 2009, Bill held the position of Executive Director and Head of Short-Term Money Market at FIIG Securities. Bill has a Bachelor of Business, Master of Applied Finance and is a Graduate of the Australian Institute of Company Directors.
Bill is the cofounder of Transact1 which originated from transforming the inefficiencies of managing and transacting wholesale cash. As a previous fund manager, he built the business from a blank sheet and leveraging his broad network from both an investors and suppliers which he established from spending many years in the financial markets.
Neil has over 25 years’ experience in financial markets with particular focus across OTC and listed derivatives products servicing investment management and superannuation fund market participants. This includes holding senior director and management roles across operations, business strategy, project management and relationship management with high quality institutional organisations. Neil was managing director and a board member with Macquarie Futures USA Inc, which is a US subsidiary of Macquarie Bank Ltd.
Neil is cofounder of Transact1 and was key in overseeing the transact1 platform build with external software developers. His extensive experience in running global operations in the future and commodity markets enabled the onboarding of all beta clients. Neil continues to work closely with clients and Transact1 software coder to enhance the offering.
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This offer of scheme interests is available to wholesale clients only. This product listing was vetted by and approved by the product issuer identified above before publishing. Investment Markets (Aust) Pty Ltd AFSL 527875 (IM) is not the issuer of the product.
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