This is a single asset class option with a low exposure to risk. It is suitable for people who are willing to accept a moderate return to protect the value of their super and/or who may be cashing out their super within three years. However, negative returns are still possible in any particular year in extreme circumstances.
- To achieve returns after tax and fees that are closely aligned with the Bloomberg AusBond Bank Bill Index over rolling 12 month periods.
- Limit the probability of generating a negative return to not more than 1 in 50 years.
- To earn a rate of return after tax and fees that is in excess of the median Cash option in an appropriate industry survey over rolling five year periods.
Time Horizon 1-2 years l Risk very low
|5 years (compound average return)||2.86%|
|10 years (compound average return)||3.88%|
Inception date: May 1998
While we all want consistently positive investment returns over the years, the reality is, pension returns are like any investment in that they can go down as well as up. If you want to find out more about what type of investor you are, use our Risk Profile calculator to determine your appetite for risk, check out historical returns and read the pros and cons of switching.
Investment returns are not guaranteed, all investments have risk, and past performance is not an indicator of future performance.
*The fees stated for 2017–18 are estimated third-party investment management fees (including performance fees), based on our current asset allocation and the investment managers who currently manage money for that investment option. The fees stated are therefore predictive and may differ materially from the fees actually incurred. The actual investment management fees are calculated at the end of each year when returns for the full year are known. These are published in the annual report. There is an additional investment fee of 0.02% p.a to cover the costs associated with investing your money.