Cash Management Trusts

Cash Management Trusts are an invaluable investment tool Leyland Private Asset Management uses as a holding account for funds awaiting investment. CMT providers generally invest in high quality, short-term bank-backed securities.

Leyland will open a CMT for each client with either Macquarie or BankWest Managed Investments. CMT’s are very effective for consolidating all of the cash associated with the investment and provide the following benefits:

• Direct Debit for purchases
• Direct Credit for sales
• Direct Credit for dividend payments
• Direct Credit for corporate actions
• High interest rate
• Funds available at call
• No entry, exit or account keeping fees
• Detailed regular reporting (in addition to WAPAM access)
• Monthly payments can be arranged (very efficient for self managed super funds)