Following large-scale redemptions, coupled with the low interest rate environment, Australian Executor Trustees Limited as Responsible Entity has determined to close the Cash Deposit Fund to new and additional applications, and terminate the Fund effective 11 June 2021 (termination date).
Unitholders full investment proceeds will automatically be returned to them effective 11 June 2021. Unitholders can continue to access their funds up until termination date.
A copy of the letter recently sent to investors can be viewed here
For more information please call AET ClientFirst on 1800 254 180.
Interest rate: 0.0000% (week ended 11 June 2021).
Download the annual reports for the Cash Deposit Fund: