Summary of Key Information
Chimaera Cash Account
|Type of Investment||
The Chimaera Cash Account operates as an Individually Managed Account (IMA). This means an appointed manager will constantly assess and determine the investments to be made on your account in accordance with a particular exposure or strategy. The assets within the IMA are not pooled with those of other investors, enabling an individualised cost base to be calculated for tax purposes.
IMAs combine the benefits of securing professional money management with the flexibility, portability, controls and potential tax advantages of direct entitlements in respect of individual securities.
The Chimaera Cash Account aims to provide attractive and regular AUD income and an extremely high level of liquidity and capital security.
The Account is designed to facilitate investor’s tactical asset allocation between asset classes and as such remains highly liquid at all times.
The Chimaera Cash Account will invest in AUD deposit accounts maintained with the major Australian Banks. It may also invest in other money market paper and listed products issued by, or that invest in, the securities issued by such institutions where interest rates are more favourable to do so. The IMA will ensure the most competitive mix of deposits and money market products is used to generate an attractive interest rate relative to other AUD deposit alternatives.
|Responsible Entity Custodian||
Chimaera Capital Limited
Chimaera Private Limited
Fees and Costs
0.25% p.a. For full details of all fees and charges, refer to the Part 2 of the PDS.
0.30% per transaction (listed securities only)
Quarterly if required
Online Access to stock holdings, transactions, activity statements, tax statements, and forms
An annual tax statement will be sent.