Mutual Cash Term Deposits & Bank Bills Fund (MCTDF)

Asset Class: Cash

Description: Term Deposits

  • The MCTDF invests only in term deposits with the four major Australian banks, ANZ, CBA, NAB and Westpac.
  • The fund doesn't use derivaties or leverage
  • The fund provides investors with daily liquidity at a rate that is usually similar to a 6-month term deposit.