Cash is a low-cost, single asset class investment option that invests in term deposits and other short-term interest-bearing investments such as bank deposits.
This option is not covered by the Government Guarantee (Financial Claims Scheme).
This might be a suitable option if you:
* Subject to meeting a condition of release.
Investment Objective
To meet or exceed the return of the Bloomberg AusBond Bank Bill Index, over rolling 12-month periods. This is before taking into account fees, costs and tax.
Timeframe
(up to 2 years)
Risk Level
The estimated number of negative annual returns over any 20-year period is less than 0.5 times.
This is based on the Standard Risk Measure.
Cost of product for $50,000 account balance1
Calculation of the fees and costs that can affect your super investment over a 1-year period.
1 The cost of product assumes a balance of $50,000. It includes administration fees. It also includes an estimate of ‘Investment fees and costs’ and ‘Transaction costs’. ‘Investment fees and costs’ and ‘Transaction costs’ are based on the fees and costs for the year ended 30 June 2023. Fees and costs can vary from year to year. The amount you’ll pay in future years will depend on the fees and costs incurred by the trustee in managing the investment option. Other fees and costs may apply. If you have insurance, premiums will apply. Refer to the relevant PDS or Handbook for more information.
Spreading your super across different types of assets is called diversification. This can help reduce the risk of negative returns. Keep in mind that if you:
These are the target and asset allocation ranges for the option, effective 30 September 2023.
Scroll table horizontally on mobile
| Target | |
|---|---|
| Cash | 100% |
Investment Objective
To meet or exceed the return of the Bloomberg AusBond Bank Bill Index, over rolling 12-month periods. This is before taking into account fees, costs and tax.
Timeframe
(up to 2 years)
Risk Level
The estimated number of negative annual returns over any 20-year period is less than 0.5 times.
This is based on the Standard Risk Measure.
Cost of product for $50,000 account balance2
Calculation of the fees and costs that can affect your super investment over a 1-year period.
2 The cost of product assumes a balance of $50,000. It includes administration fees. It also includes an estimate of ‘Investment fees and costs’ and ‘Transaction costs’. ‘Investment fees and costs’ and ‘Transaction costs’ are based on the fees and costs for the year ended 30 June 2023. Fees and costs can vary from year to year. The amount you’ll pay in future years will depend on the fees and costs incurred by the trustee in managing the investment option. Other fees and costs may apply. If you have insurance, premiums will apply. Refer to the relevant PDS or Handbook for more information.
Spreading your super across different types of assets is called diversification. This can help reduce the risk of negative returns. Keep in mind that if you:
These are the target and asset allocation ranges for the option, effective 30 September 2023.
Scroll table horizontally on mobile
| Target | |
|---|---|
| Cash | 100% |
Investment Objective
To meet or exceed the return of the Bloomberg AusBond Bank Bill Index, over rolling 12-month periods. This is before taking into account fees, costs and tax.
Timeframe
(up to 2 years)
Risk Level
The estimated number of negative annual returns over any 20-year period is less than 0.5 times.
This is based on the Standard Risk Measure.
Cost of product for $50,000 account balance3
Calculation of the fees and costs that can affect your super investment over a 1-year period.
3 The cost of product assumes a balance of $50,000. It includes administration fees. It also includes an estimate of ‘Investment fees and costs’ and ‘Transaction costs’. ‘Investment fees and costs’ and ‘Transaction costs’ are based on the fees and costs for the year ended 30 June 2023. Fees and costs can vary from year to year. The amount you’ll pay in future years will depend on the fees and costs incurred by the trustee in managing the investment option. Other fees and costs may apply. If you have insurance, premiums will apply. Refer to the relevant PDS or Handbook for more information.
Spreading your super across different types of assets is called diversification. This can help reduce the risk of negative returns. Keep in mind that if you:
These are the target and asset allocation ranges for the option, effective 30 September 2023.
Scroll table horizontally on mobile
| Target | |
|---|---|
| Cash | 100% |
You can choose to invest in one option or a combination of options. And you can switch your investment options at any time for free.
We’re here to help you achieve your financial goals. We can provide simple financial advice, over the phone, to answer any questions.
You can speak to a qualified financial planner who can help you make investment choices that meet your financial goals.
