Wholesale investors only, as defined by section 761G of the Corporations Act 2001

The Tyndall Cash Fund is a managed investment scheme that invests primarily in shares listed on the Australian Stock Exchange (ASX).

Investment objective
The Tyndall Cash Fund – Class B Units¹ (the ‘Fund’) aims to perform in line with the UBSA Bank Bill Index (before fees) while maintaining capital price stability and an S&P AAAm rating².

Key benefits

• Highly liquid investment. The average maturity of securities in the Fund is up to 70 days, with at least 10% of the portfolio constantly maturing within seven days, providing investors with the confidence that they will be able to access their funds when required.
• Competitive return relative to 11am cash. The Fund’s ability to invest in slightly longer-dated and a broader range of securities provides it with the potential to generate a superior return to 11am cash.
• ‘True to label’ pure cash fund. The Fund is one of a select number of Australian cash funds to be assigned the highest S&P AAAm credit rating. This rating indicates the Fund provides an extremely strong capacity to maintain principal stability and limit exposure to principal losses due to credit, market or liquidity risks³.
• Strong and disciplined risk focus. The Tyndall⁴ fixed income team’s key priorities are liquidity and risk control. If a security’s risk isn’t adequately priced in, the team simply won’t invest in it.The 11-member Tyndall Australian equities team has an average of 16 years’ industry experience and has been working together as a team for an average of eight years.
• Managed by a highly experienced team. The Tyndall fixed income team has an average of 17 years’ investment experience and a long track record in managing cash and fixed income portfolios. The team currently manages approximately $16 billion in cash and fixed income assets.
• Multi-award winning. The Tyndall cash and fixed income process and team have received numerous high profile industry awards

Fund characteristics

• Invests in accordance with the guidelines outlined in the S&P Australian and New Zealand Principal Stability Fund Ratings Criteria
• Typically invests in cash and securities with an average maturity of up to 70 days
• Invests in a diverse range of high-quality, short-term instruments including bank accepted bills, commercial paper, semi-government promissory notes, floating rate notes and bank deposits
• Managed using an active, opportunistic and disciplined investment style
• Same day pricing⁶
• Minimum initial investment amount of $500,000
• Flexible fee arrangements

1 ARSN 141 134 849
2 Standard & Poor’s Disclaimer: Analytic services provided by Standard & Poor’s Ratings Services (“Ratings Services”) are the result of separate activities designed to preserve the independence and objectivity of ratings opinions. Credit ratings issued by Ratings Services are solely statements of opinion and not statements of fact or recommendations to purchase, hold, or sell any securities or make any other investment decisions. Accordingly, any user of credit ratings issued by Ratings Services should not rely on any such ratings or other opinion issued by Ratings Services in making any investment decision. Ratings are based on information received by Ratings Services. Other divisions of Standard & Poor’s may have information that is not available to Ratings Services. Standard & Poor’s has established policies and procedures to maintain the confidentiality of non-public information received during the ratings process. Credit ratings may be changed, withdrawn or suspended at any time. Standard & Poor’s (Australia) Pty. Ltd. holds Australian financial services licence number 337565 under the Corporations Act 2001. Standard & Poor’s credit ratings and related research are not intended for and must not be distributed to any person in Australia other than a wholesale client (as defined in Chapter 7 of the Corporations Act).
3 In order to maintain the ‘AAAm’ rating, the Fund must comply with certain Standard & Poor’s criteria. The ‘AAAm’ rating criteria is available from Tyndall Investment Management Limited.
4 Tyndall Investment Management Limited ABN 99 003 376 252 AFSL 237563
5 As defined in section 761G of the Corporations Act 2001
6 If an application is received by 12pm (cheque) or 2pm (EFT) or if a redemption request is received by 2pm Sydney time on a Sydney business day.
Fund returns can be volatile. TAML does not guarantee to provide distributions, or the amount of distributions