CASH MANAGEMENT

We encourage the use of cash management facilities, by which we manage the transfer of funds on behalf of clients. We have an arrangement with Adelaide Managed Funds Limited to provide a cash management trust facility as detailed below.

To establish an account please download the following prospectus and application form.

• Prospectus & Application Form
  (Adobe PDF, 486kb)
  The Adelaide Cash Management Trust Prospectus is numbered pages 1 to 41 and has an Application Form attached (2 pages) and Identification Reference Form attached (2 pages)

Background to the Trust

The Adelaide Cash Management Trust was established by Adelaide Managed Funds Limited, a wholly owned subsidiary of Adelaide Bank Limited, with the principal aim being to provide a secure investment with competitive returns, with low management fees and flexible access to investment funds. The Trust is a unit trust that pools the funds of individual unitholders and invests them on deposit with Adelaide Bank Ltd (Standard & Poor’s short term credit rating for Adelaide Bank is A-2). The Trust itself has not been assigned a rating by Standard & Poor’s.

The Trust was established on the 21st of May 1998, and in a period of less than four years had grown to become the eighth largest cash management trust in the country. With growth in total assets of 49.9% recorded for the twelve months to 31 March 2002, the Adelaide CMT also rated as one of the fastest growing cash management trusts during that period (source of data – “Media Release – Analysis of Retail Managed Funds as at March 2002, Plan For Life Pty Ltd”).

Key Features at a Glance
 

*Information is correct as at 30 June 2002 and subject to change. Historical returns are calculated assuming monthly distributions of income are reinvested in the Trust, net of fees and expenses paid by the Trust, and prior to tax that may be payable by the unitholder. Past returns are not necessarily indicative of future returns.

Flexible Access to Funds

The objective of the Trust is to provide a flexible investment with ready access to investment funds that is convenient for you, starting with a choice between two account options that have been designed to meet the different needs of investors – the Basic and Premium account options.

Investors who select the Premium account option, and any other persons authorised to operate a Premium account, will be required to provide proof of their identity using either the 100 point or referee method as required by the Financial Transaction Reports Act. The following table provides a comparative summary of the transactions and services provided with each of the account options:
 

Service or transaction	Basic	Premium
Auto Payment Plan
Bank cheque withdrawals
BPAY® deposits and payments
Cheque deposits via Adelaide Bank branches
Cheque deposits via Locked Bag
Direct debits and credits
Express Line (telephone banking) transactions
Online Banking (internet banking) transactions
Regular Withdrawal Plan
Personal cheque withdrawals
Cash transactions via Adelaide Bank branches
ATM withdrawals, transfers and deposits
EFTPOS purchases and withdrawals
giroPost withdrawals and deposits

® Registered to BPAY Pty Ltd ABN 69 079 137 518

Fees and Charges

No entry or exit fees are levied by the Manager. Bank fees and government charges apply to certain transactions and services (refer page 13 of the prospectus).

The Management Expense Ratio (MER) is a measure of the ongoing expenses of the Trust and is deducted from the Trust’s income before it is distributed to unit holders. A low MER is therefore one of the keys to unlocking a competitive return on your investment.

The offer of units in the Trust is made in the Adelaide Cash Management Trust Prospectus dated 29th of July 2002. Anyone wishing to acquire units in the Trust will need to complete the application form accompanying the Prospectus. Information correct as at 23rd of August 2002 and subject to change. Banking services are provided by Adelaide Bank.