Australian Cash Option
The Australian Cash Option invests in bank deposits and money market instruments, including but not limited to bank bills and certificates of deposit.
|Australian Cash Option|
|As at 04/06/2023|
|Money Market Instruments||55.77|
|As at 30/04/2023|
|Inception Date||1 Month||3 Months||1 Year||3 Years||5 Years||Since Inception|
Past performance is not a reliable indicator of future performance. Performance is net of fees and charges. Performance for periods longer than 1 year are annualised. This information has been prepared for the purpose of providing general information, without taking into account your objectives, financial situation or needs. Before making an investment decision, you need to consider whether this information is appropriate to your objectives, financial situation or needs. Please consult your financial adviser. This information has been compiled from sources considered to be reliable, but is not guaranteed. Any potential investor should consider the relevant PDS in deciding whether to acquire, or continue to hold units in a fund.
|Assets under management||$524,962,368(As at 31/05/2023)|
|Fund inception||30th June 2003|
|Minimum Investment timeframe||0 to 12 months|
|Investment return objective||Earn a return in line with the Reserve Bank cash rate target, before tax and after costs, over rolling 1 year periods. Earn a return broadly in line with inflation over the long-term, before tax and after costs.|
|Investment strategy||Predominantly exposed to assets such as bank deposits, money market instruments (including but not limited to bank bills and certificates of deposit).|