Adviser demand spurs VanEck to launch active cash ETF
VanEck launched a new active ETF, the VanEck Cash Plus Active ETF (ASX: MONY), on the ASX on 6 February 2026. Consistent with the firm’s philosophy, rather than launching a ‘me-too’ cash fund, MONY will be actively managed, utilising the team’s extensive credit and fixed income expertise.
Arian Neiron, CEO and Managing Director of VanEck Asia Pacific, said: “MONY complements our ETF eco-system, in offering leading strategies in fixed income, equity and alternative assets. A cash offering is a natural fit within our ETF range and, in particular, is one that our advice clients have been asking for.”
“The Australian funds management landscape has undergone a significant transformation since we launched our first ETFs on ASX over twelve years ago. The rise of ETFs, managed accounts and shifts in the superannuation sector have prompted many advisers to rethink their service offerings. But our singular focus is ETFs and investment solutions that help investors build resilient portfolios.
“With inflation running high, investors are seeking lower-risk investments like cash and money market strategies to achieve a higher yield, so that inflation does not erode the value of their wealth. MONY is a core cash solution that aims to enhance yield. We have designed a portfolio that identifies yield opportunities across different cash, cash-like instruments and short duration credit, issuers and individual securities, to maximise risk-adjusted returns.
“The result is an actively managed portfolio of high-quality, highly liquid Australian dollar cash, short-term money market and short duration credit securities issued by investment-grade entities. MONY aims to pay income monthly.
“With rates poised to rise, we think MONY is well-positioned to take advantage of relative value opportunities that exist within cash, short-term money market and floating rate instruments. MONY’s management fee will be 0.15% p.a*, making it the most cost-effective active cash ETF on ASX,” said Neiron.
The launch of MONY will bring VanEck’s total number of ETFs on ASX to 49 and extends on the business’s commitment to innovation and helping investors access the opportunities.
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