New UBS Cash ETF launched

02 June 2017

 

The ASX has a new cash fund ETF available for investors with the UBS IQ Cash ETF recently listed. The new ETF trades under the ASX code of MONY. According to its product disclosure statement, the fund aims to provide investors with a total return that exceeds the Reserve Bank of Australia cash rate before fees, expenses and taxes. The fund will have an ongoing management cost of 0.18% p.a. and...

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