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
$2.5 billion
Option size1
As at 31 March 2021
Expected frequency of negative annual return
Less than 0.5 years in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.12% | Pension: 0.09%
Depending on circumstances, this investment option may also be suitable for a suggested timeframe of less than one year.
Objective and performance
This option invests in a diversified portfolio of cash and money-market securities, including (but not limited to) at-call and term bank deposits, bank bills, negotiable certificates of deposit, notice accounts and other short-term fixed income securities out to a maximum maturity of around one year.
Objective
To achieve the RBA cash rate (before taxes, investment expenses, and deducting account-based fees) over the suggested time frame.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 Mar 2021
| Timeframe | Cash performance | SuperRatings median performance | Outperformance |
|---|---|---|---|
| 1 month | 0.00 | 0.01 | -0.01 |
| 3 months | 0.01 | 0.02 | -0.01 |
| Financial year to date | 0.07 | 0.16 | -0.09 |
| 1 year | 0.18 | 0.32 | -0.14 |
| 3 years | 1.11 | 1.11 | 0.00 |
| 5 years | 1.38 | 1.34 | 0.04 |
| 7 years | 1.61 | 1.55 | 0.06 |
| 10 years | 2.15 | 2.11 | 0.04 |
Periods less than a year are not annualised.
Cash option performance ($)
2As at 06 May 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 Mar 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 | 0.09 | 0.21 | -0.12 |
| 1 year | 0.22 | 0.37 | -0.15 |
| 3 years | 1.36 | 1.32 | 0.04 |
| 5 years | 1.72 | 1.58 | 0.14 |
| 7 years | 2.00 | 1.84 | 0.16 |
| 10 years | 2.64 | 2.46 | 0.18 |
Periods less than a year are not annualised.
Cash option performance ($)
2As at 06 May 2021