Key Highlights

  • The fund holds 51 companies and securities, all in Australia.
  • Cash makes up 87.67% of the portfolio, with bonds at 12.33%.
  • The management fee is 0.15%, and the fund targets a return above the Bloomberg AusBond Bank Bill Index.
  • The fund is itself held by other VanEck products, including the PLUS and FLOT funds.

VanEck Cash Plus Active ETF (ASX:MONY) aims to outperform the Bloomberg AusBond Bank Bill index after fees and other costs, using an actively managed portfolio of cash and short-dated securities. The units were listed at $50.15, and the management fee is 0.15%. The listing notes that there is no guarantee the objective will be achieved, and the fund was admitted to the ASX on 6 February 2026.

Ticker

ASX:MONY

Listed price

$50.15

Management fee

0.15%

Benchmark

Bloomberg AusBond Bank Bill AUD

Holdings

51 companies

Admitted to ASX

6 February 2026

Portfolio make-up

Cash makes up 87.67% of the fund and bonds make up 12.33%. The fund is entirely Australian. The largest holdings are National Australia Bank at 4.33%, Commonwealth Bank at 4.30%, Triton Bond Trust 2022-1 at 1.92%, Royal Bank of Canada Sydney Branch at 1.57% and ORDE Series 2025-1 Trust at 0.99%.

The top ten holdings make up 13.90% of the portfolio, leaving the rest spread across the remaining positions.

Income and costs

The management fee is 0.15%. The listing shows no annual yield, although the fund makes regular distributions. Income depends on Money Market rates and the spread the manager can earn above the benchmark after fees.

Risks to weigh

Although cash-like funds are less volatile than bond funds, the fund holds asset-backed and other securities as well as bank paper, which add Credit considerations. An active approach means results may fall short of the benchmark. The fund is also held by other VanEck products, which means investors in those funds have indirect exposure to this fund's holdings.

Final Word

The VanEck Cash Plus Active ETF aims to beat bank bills through an actively managed short-dated portfolio. Its holdings include asset-backed securities alongside bank paper, and its role as a holding within other VanEck funds is a further point to note.