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Cash

The Cash investment option is focused on a single sector from investing in a portfolio of all defensive assets (could include deposits in a bank, investments in short-term money markets and other similar investments) and has low diversification.

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At a glance (Accumulation)

Investment time frame
2 years +
Level of investment risk
Very low
Likelihood of negative returns
Negative returns expected in less than 0.5 out of every 20 years
Growth/ defensive allocation
0% growth / 100% defensive
Total investment fees and costs*
0.02% p.a.
Return target
CPI p.a. over 20 years
Net return^
1.79%

* Investment costs are based on estimated and actual information from the previous year. The costs payable in future years may be higher or lower. Administration and other fees apply. For a full breakdown of fees and costs, see our fees and costs page or Section 6 of the Member Guide. 
^ Investment return over 10 years to 30 November 2024, net of investment fees and costs. Administration and other costs apply. Returns won’t display for options younger than 10 years. See the investment returns page for returns over all available periods.

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Who is Cash suitable for?  

The Cash investment option is focused on capital preservation from investing in a portfolio of all defensive assets with high liquidity characteristics (e.g., bank deposits, short-term money market investments and other similar investments) and has low diversification.

Read our Member Guide for more information about these terms.

Our target 

asset mix 

Cash
Asset class  
Target  Range  
Cash100%100%

1. The Cash option will be invested approximately 60% in deposits with Commonwealth Bank of Australia Limited and 40% in deposits with Members Equity Bank Limited. Any remaining amounts of the Cash option will be invested in separate bank deposits, short-term money market investments or other similar investments. Please note that maintaining a specific allocation requires regular rebalancing and the actual allocation may vary between rebalancing dates. 

Head to Member Online to choose the investment option that’s right for you. 

Past
performance 

Accumulation

This table shows the 12-month net return for our Cash option at 30 June each year. The net return is the money the investment has earned, minus investment costs and taxes.2  

Year20202021202220232024
Return 0.87%0.07%0.23%2.95%4.28%

This table shows the average net return for our Cash option over 3, 5 and 10 years to 30 June 2024.

Year3 years5 years10 years
Average return (p.a.) 2.47%
1.67%
1.70%

2. Administration and other fees also apply. For a full breakdown of fees and costs, see our fees and costs page or Section 6 of the Member Guide. Past performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a superannuation fund. 


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Or call us on 1300 467 875  
8am – 8pm (AEST/AEDT), Monday to Friday.