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

2
Compare 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 ($)

2
As 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

2
Compare 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 ($)

2
As at 03 Mar 2021