Cash Management Trusts Are

Cash management trusts are:

A) managed funds that invest in wholesale money-market securities such as short- and medium-term Commonwealth government securities,international government securities and banking and corporate debt,both national and international.
B) funds that offer superannuation products to the public on a commercial for profit basis.
C) superannuation entities where the sponsoring employer is a government agency or a business enterprise that is majority government-owned.
D) funds that draw members from a range of employers across a single industry (or group of related industries) and are usually established under an agreement between parties to an industrial award.