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

2
Compare 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 ($)

2
As 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

2
Compare 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 ($)

2
As at 06 May 2021