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
$3.6 billion
Option size1
As at 31 October 2020
Expected frequency of negative annual return
Less than 0.5 years in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.12% | Pension: 0.09%
Depending on circumstances, this investment option may also be suitable for a suggested timeframe of less than one year.
Objective and performance
This option invests in a diversified portfolio of cash and money-market securities, including (but not limited to) at-call and term bank deposits, bank bills, negotiable certificates of deposit, notice accounts and other short-term fixed income securities out to a maximum maturity of around one year.
Objective
To achieve the RBA cash rate (before taxes, investment expenses, and deducting account-based fees) over the suggested time frame.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 Oct 2020
| Timeframe | Cash performance | SuperRatings median performance | Outperformance |
|---|---|---|---|
| 1 month | 0.01 | 0.03 | -0.02 |
| 3 months | 0.03 | 0.06 | -0.03 |
| Financial year to date | 0.04 | 0.10 | -0.06 |
| 1 year | 0.58 | 0.60 | -0.02 |
| 3 years | 1.33 | 1.28 | 0.05 |
| 5 years | 1.54 | 1.45 | 0.09 |
| 7 years | 1.75 | 1.67 | 0.08 |
| 10 years | 2.34 | 2.25 | 0.09 |
Periods less than a year are not annualised.
Cash option performance ($)
2As 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
2Compare 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 ($)
2As at 01 Dec 2020