Suitability and risk
Suits members who want to invest in a specific asset class and are less comfortable with large fluctuations in the value of their investments.
1 year
Suggested minimum investment time frame
Very low
Summary risk level
Sector
Option type
$2.9 billion
Option size1
As at 31 January 2021
Expected frequency of negative annual return
Less than 0.5 years in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.12% | Pension: 0.09%
Depending on circumstances, this investment option may also be suitable for a suggested timeframe of less than one year.
Objective and performance
This option invests in a diversified portfolio of cash and money-market securities, including (but not limited to) at-call and term bank deposits, bank bills, negotiable certificates of deposit, notice accounts and other short-term fixed income securities out to a maximum maturity of around one year.
Objective
To achieve the RBA cash rate (before taxes, investment expenses, and deducting account-based fees) over the suggested time frame.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 Jan 2021
| Timeframe | Cash performance | SuperRatings median performance | Outperformance |
|---|---|---|---|
| 1 month | 0.00 | 0.01 | -0.01 |
| 3 months | 0.01 | 0.04 | -0.03 |
| Financial year to date | 0.05 | 0.13 | -0.08 |
| 1 year | 0.34 | 0.40 | -0.06 |
| 3 years | 1.19 | 1.16 | 0.03 |
| 5 years | 1.45 | 1.36 | 0.09 |
| 7 years | 1.66 | 1.59 | 0.07 |
| 10 years | 2.23 | 2.16 | 0.07 |
Periods less than a year are not annualised.
Cash option performance ($)
2As at 03 Mar 2021
Objective
To achieve the RBA cash rate (before taxes, investment expenses, and deducting account-based fees) over the suggested time frame.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 Jan 2021
| Timeframe | Cash performance | SuperRatings median performance | Outperformance |
|---|---|---|---|
| 1 month | 0.00 | 0.01 | -0.01 |
| 3 months | 0.02 | 0.05 | -0.03 |
| Financial year to date | 0.07 | 0.17 | -0.10 |
| 1 year | 0.40 | 0.51 | -0.11 |
| 3 years | 1.47 | 1.36 | 0.11 |
| 5 years | 1.80 | 1.60 | 0.20 |
| 7 years | 2.07 | 1.89 | 0.18 |
| 10 years | 2.72 | 2.51 | 0.21 |
Periods less than a year are not annualised.
Cash option performance ($)
2As at 03 Mar 2021