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Netwealth Group (ASX:NWL) Money Market Investments : A$-115.7 Mil (As of Dec. 2023)


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What is Netwealth Group Money Market Investments?

Netwealth Group's money market investment for the quarter that ended in Dec. 2023 was A$-115.7 Mil. It means Netwealth Group paid A$115.7 Mil to invest on the money market.

Compared with last quarter (A$-109.5 Mil in Jun. 2023 ), Netwealth Group paid more money to invest on the money market in Dec. 2023 (A$-115.7 Mil).


Netwealth Group Money Market Investments Historical Data

The historical data trend for Netwealth Group's Money Market Investments can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Netwealth Group Money Market Investments Chart

Netwealth Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Money Market Investments
Get a 7-Day Free Trial -58.46 -85.52 -81.42 -88.38 -109.48

Netwealth Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Money Market Investments Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -85.72 -88.38 -98.75 -109.48 -115.73

Netwealth Group Money Market Investments Calculation

Money Market Investments carried on banks' balance sheet.


Netwealth Group (ASX:NWL) Business Description

Traded in Other Exchanges
N/A
Address
180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000
Netwealth provides cloud-based investment administration software as a service, or SaaS, in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform which are managed by third-party investment managers.