Cash
Investment objective
Protection of capital.
Who does it best suit?
For short-term investors and/or those who cannot accept a negative investment return, ever. Will not provide growth, but is likely to match inflation.
Strategic asset allocation
The annual report to members shows the actual asset allocation at 30 June each year.
% | |
|---|---|
| Return-seeking assets | 0 |
| Australian shares | 0 |
| International shares | 0 |
| Property | 0 |
| Alternatives | 0 |
| Risk-controlling assets | 100 |
| Fixed interest | 0 |
| Cash | 100 |
Earning rates
Past performance is not an indicator of future performance.
| Year ending 30 June | Accumulation accounts % p.a. | Pension accounts % p.a. |
|---|---|---|
| 2008 | 4.87 | 5.70 |
| 2007 | 5.42 | 6.41 |
| 2006 | 5.03 | 5.90 |
| 2005 | 4.69 | 5.47 |
| 2004 | 4.47 | 5.20 |
| 5-yr avge (% p.a.) | 4.90 | 5.74 |
| % p.a. over CPI | 1.78 | 2.62 |
Risk
Positive return expected every year
Total fees (2007/08)
0.27% p.a.
