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
$3.6 billion

Option size1

As at 31 October 2020

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 Oct 2020
Timeframe Cash performance SuperRatings median performance Outperformance
1 month 0.01 0.03 -0.02
3 months 0.03 0.06 -0.03
Financial year to date 0.04 0.10 -0.06
1 year 0.58 0.60 -0.02
3 years 1.33 1.28 0.05
5 years 1.54 1.45 0.09
7 years 1.75 1.67 0.08
10 years 2.34 2.25 0.09
Periods less than a year are not annualised.

Cash option performance ($)

2
As at 01 Dec 2020

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 Oct 2020
Timeframe Cash performance SuperRatings median performance Outperformance
1 month 0.01 0.03 -0.02
3 months 0.03 0.09 -0.06
Financial year to date 0.05 0.12 -0.07
1 year 0.69 0.74 -0.05
3 years 1.64 1.50 0.14
5 years 1.92 1.70 0.22
7 years 2.17 1.98 0.19
10 years 2.86 2.63 0.23
Periods less than a year are not annualised.

Cash option performance ($)

2
As at 01 Dec 2020