Can anyone suggest a cash fund/ETF for my ISA?

ask Hargreaves & Lansdown to post you there wealth 150 great starting point. Id go for something like TM Sanditon Europe.

The TM Sanditon fund you mention is just a normal European equity fund which is completely not what I want.

As I said in the opening post, I am looking for a fund/ETF that acts like an interest bearing cash deposit – ie. small return for low risk with low charges and easily accessible.

Basically, something better than the 0.1% I earn on any cash held in the ISA.

If you simply want to do better than 0.1% then there are plenty of easily accessed cash ISAs paying just over 1%
.
http://www.nationwide.co.uk/products/isas/isas
has a decent selection.

With this being a gambling web-site, it's quite unusual to get non-gambling requests for information.

I quite like Howdi's suggestion, although getting in now is the time, not 2 months ago.

Or go in big on Danish Kroner as the price is artificially cheap at the moment due to the Euro peg. ( Currently 1GBP = 10.22 DKK ) It's well known that the Eurozone has started QE this year but less well known that overspending Sweden has also started QE of about 3% of national income this year. Denmark has thought about it, but decided not to, as the government has been running a surplus for about a year now.

Okay, I didn’t make it very clear as to what I am looking for.

When I am holding a portion of the portfolio in cash it is because the signals of the strategy I am using has told me to sit out of a certain asset class. The cash is sitting there waiting to be deployed again at short notice (ie when the signal says “buy”).

I can’t invest it in a cash ISA as the money needs to be instantly accessible to re-invest at short notice.

I am looking for something that is as close to cash (in safety terms) as possible but paying more than 0.1%.

In my OP I said I was looking for a fund or ETF but actually a fund is no good as it can’t be sold instantly. So really I need an ETF (or an alternative that can be sold instantly).

Blimey, this optimal 'buying window' must open for less than an hour if your standard cash isa doesn't meet your requirements.
You must have your finger hovering over the button for a lot of the day.

You couldn’t be farther from the truth bongo – I check on the ETF’s once a month (at the end of the month), make any adjustments required and then forget about them until the end of the next month.

Going back to your suggestion of cash ISA’s – forgive me if I am wrong but I didn’t think you could mix these as and when you wish? I am aware that as long as you don’t go over the ISA limit for the year you can invest in a mix of cash ISA’s and stocks & shares ISA’s but I didn’t think you could swap between the two?

Even if you can mix between the two I am not sure if it would be any good as I thought you had to hold cash ISA’s for a specific period or face penalties?

From the Times
NS&I’s easy-access Direct Isa, paying 1.5 per cent is unbeaten and tops the best buy charts. Savers can manage their account online or on the phone and there are no restrictions on access.
The catch: It doesn’t accept transfers in, so you can save just one year’s allowance of £15,240. The best account for those with money to transfer is the Defined Access E-Isa from Virgin Money, paying 1.41 per cent.