Our products and services

Learn about super

Manage your super


Forms and resources

Join Hostplus


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.


At a glance  (Pension)

Investment timeframe
2 years +
Risk level
Very low
Asset mix
0% growth / 100% defensive
Total investment fees and costs*
0.02% p.a.
Return target
CPI + 0.5% p.a. over 20 years
Net return^

* 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 the Pension Guide
^ Investment return over 10 years to 30 June 2024, net of investment fees and costs. Administration and other costs apply. Returns won’t display for options younger than 10 years. See investment returns page for returns over all available periods.

Confident male business professional looking through window. Smiling businessman is standing in coworking office. He is in businesswear.

Who is Cash suitable for?  

With all defensive assets, this single sector investment option is designed for members with a short-term investment timeframe, who are seeking stable returns and have a very low tolerance of negative returns.

Read our Pension Guide for more information about these terms.

Our target 

asset mix 

Asset class  
Target  Range  

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 specific allocation requires regular rebalancing and the actual allocation may vary between rebalancing dates.

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



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  

Return 2.26%1.02%0.09%0.27%3.48%

This table shows the average net return for our Cash option over 3, 5 and 10 years to 30 June 2023.

Year3 years5 years10 years
Average return (p.a.) 1.27%1.41%1.77%

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

Get ready for a positive future with a Hostplus retirement account

It takes about 20 minutes to apply for a Hostplus retirement account online, or you can call us on 1300 348 546 to discuss your options.