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.
Option size1
As at 30 November 2021
Depending on circumstances, this investment option may also be suitable for a suggested timeframe of less than one year.
Objective and performance
The Cash investment 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.
From December 2021, where your funds are invested in this option, they will be placed in an at call deposit product with National Australia Bank Limited ABN 12 004 044 937 AFSL 230686 pursuant to an arrangement UniSuper has with National Australia Bank Limited. This option is not a deposit by you in a bank account and your balance is not guaranteed under the Australian Government bank deposit guarantee scheme.
Please refer to the PDS for the most up to date investment returns objective information.
Objective
Performance against peers
2| Timeframe | Cash performance | SuperRatings median performance | Outperformance |
|---|---|---|---|
| 1 month | 0.03 | 0.01 | 0.02 |
| 3 months | 0.05 | 0.02 | 0.03 |
| Financial year to date | 0.07 | 0.04 | 0.03 |
| 1 year | 0.11 | 0.13 | -0.02 |
| 3 years | 0.69 | 0.71 | -0.02 |
| 5 years | 1.11 | 1.10 | 0.01 |
| 7 years | 1.37 | 1.32 | 0.05 |
| 10 years | 1.83 | 1.81 | 0.02 |
Cash option performance ($)
2Objective
Performance against peers
2| Timeframe | Cash performance | SuperRatings median performance | Outperformance |
|---|---|---|---|
| 1 month | 0.03 | 0.01 | 0.02 |
| 3 months | 0.07 | 0.03 | 0.04 |
| Financial year to date | 0.09 | 0.05 | 0.04 |
| 1 year | 0.14 | 0.13 | 0.01 |
| 3 years | 0.83 | 0.83 | 0.00 |
| 5 years | 1.37 | 1.30 | 0.07 |
| 7 years | 1.70 | 1.58 | 0.12 |
| 10 years | 2.25 | 2.11 | 0.14 |