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
$2.4 billion

Option size1

As at 31 August 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 Aug 2021
Timeframe Cash performance SuperRatings median performance Outperformance
1 month 0.01 0.01 0.00
3 months 0.02 0.03 -0.01
Financial year to date 0.01 0.01 0.00
1 year 0.07 0.17 -0.10
3 years 0.87 0.89 -0.02
5 years 1.21 1.18 0.03
7 years 1.47 1.43 0.04
10 years 1.97 1.92 0.05
Periods less than a year are not annualised.

Cash option performance ($)

2
As at 17 Oct 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 Aug 2021
Timeframe Cash performance SuperRatings median performance Outperformance
1 month 0.01 0.01 0.00
3 months 0.03 0.03 0.00
Financial year to date 0.02 0.02 0.00
1 year 0.10 0.19 -0.09
3 years 1.06 1.04 0.02
5 years 1.51 1.41 0.10
7 years 1.83 1.71 0.12
10 years 2.42 2.29 0.13
Periods less than a year are not annualised.

Cash option performance ($)

2
As at 17 Oct 2021