| FutureSaver and Flexible Income |
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|---|---|---|---|---|
| Summary | Primarily invests in term deposits and other
short-term debt securities with a maturity of
less than one year. Note that this option is not
guaranteed by the Australian Government or
the Trustee. |
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| Investment objective1 | To meet or exceed the return of the Bloomberg
AusBond Bank Bill Index, over rolling 12-month
periods, before taking into account fees, costs
and tax. |
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|
Strategic asset allocation Cash |
Target 100% |
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| Minimum suggested investment timeframe | Short term (up to 2 years) |
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| Standard Risk Measure2 | 1 - Very Low |
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| Estimated number of negative annual returns over any 20-year period2 | Less than 0.5 |
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| Who might invest in this option? | This option may suit investors who seek a very low risk short-term investment with very stable but low expected returns. You should be aware that, depending on prevailing interest rates, the return you receive may not keep pace with inflation, and during periods of very low interest rates there is the possibility for negative returns once all fees are taken into account. This may mean there is little or no short-term real growth. |
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1. The investment objective does not constitute a forecast or guarantee of future performance or the future rates of return of the investment option.
2. For more information on the methodology used to determine risk measures and the estimated number of annual negative returns, refer to Standard Risk Measures in the How we invest your money Member Guide (for FutureSaver) or the Flexible Income PDS (for Flexible Income).
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