Cash
The Cash option invests in a mix of cash and money-market securities, directly or through an interposed entity including at call and term deposits, bank bills, negotiable certificates of deposit and short-term fixed interest investments issued by Australian and overseas governments, banks and companies. This option may include an allocation in short-dated annuities issued by life insurance companies.
1.81%
2.10%
10-year average
annual super return
as at 30 June 2023
annual super return
as at 30 June 2023
10-year average
annual pension return
as at 30 June 2023
annual pension return
as at 30 June 2023
For the returns over various time periods see the
performance page.
Why you’d invest
Invest in this option if you seek to maintain the capital value of your investment over any time period while earning a rate of return similar to that of bank bills or from a cash management trust.
The minimum investment timeframe is 1 year or less.
Return objective
To outperform the return of the Australian cash market (as measured by the Bloomberg AusBond Bank Bill Index adjusted for implied superannuation tax).
Risk level
Very low
The likelihood of a negative annual return is nil in every 20 years.
The risk level is based on the Standard Risk Measure.
Very low
The likelihood of a negative annual return is nil in every 20 years.
The risk level is based on the Standard Risk Measure.
Asset class mix
Allocation table for Super & TTI
| Asset class | Benchmark | Range |
|---|---|---|
| Cash* | 100% | n/a |
Allocation table for Pension
| Asset class | Benchmark | Range |
|---|---|---|
| Cash* | 100% | n/a |
*This option may hold some short-dated annuities.
More about investing
Fees and costs
Each of our investment options has its own set of fees that covers the costs of managing your investments.
See our fee structure
Investment returns
Discover how your investments measure up against their return objectives and industry benchmarks.
Check our performance
Your investment choices
No two CareSuper members are the same so we offer 13 different investment choices.
Explore your choices