To achieve rates of return consistent with the yield on the UBS Australia Bank Bill Index.
Primarily invests (through discrete investment trusts) in short term debt securities and term deposits with a maturity of less than one year. The short term debt securities are issued, guaranteed or otherwise supported by the Australian or State Governments of Australia (or their statutory authorities) or by Australian banks and authorised dealers in the short term money market. The term deposits are issued by Australian and international banks in Australian dollars and are not guaranteed by any Government entity.
The risk of capital loss is expected to be low in the Cash Fund as it is primarily invested in short term debt securities with a maturity of less than one year.
Designed to suit investors with a time horizon of up to 2 years and who seek secure returns from cash.