Your client’s IDPS portfolio performance won’t include any returns generated within the Macquarie Cash Management Accelerator Account (Accelerator).
We treat transactions to and from your client’s IDPS account to their Accelerator account as a capital movement (deposit or withdrawal).
IDPS doesn't integrate Macquarie Cash Management Accelerator Accounts (Accelerator) in the wrap reports.
Capital movements
Portfolio Performance is calculated on assets while they’re within the IDPS. If a performance report is run for a period of time and within that time frame a capital movement occurs, the value of that capital is excluded or included from the calculation from the point in time at which that movement occurs.
The interest rate and subsequent income performance for the Accelerator account will not be included in any IDPS performance reports.
Interest will be included in our Annual Investment Income Report (AIIR) report to the ATO and made available as pre-populated information in tax returns completed via the ATO.