If you are a short-term investor who wants to protect the value of your investment, the Cash option may be suitable for you. However, you should be aware that there will be little short-term real growth.
To match the return of the Bloomberg AusBond Bank Bill Index, after fees and tax.1
Suited to investors with an investment timeframe of less than 1 year.
Cost of product for $50,0002
Cost of product is a summary of ongoing fees and costs that can affect your super investment over 1 year. View detailed fee breakdown
Low to Medium
Medium to high
Investors should be aware that a negative annual return is expected less than 0.5 times in any 20 years. Read more about the standard risk measure.
Should I have my super in Cash?
The Cash option has a very low risk level when measured over the short term. However, if you intend to stay invested in this option for a longer timeframe, you should consider whether the current low returns will be enough for your situation.
One of the mistakes some investors make is switching to Cash and locking in a loss in their previous investment option, rather than focussing on long-term goals.
- 1 year
- 10 years
1-year short-term risk
Over the short term, a very low-risk option like Cash can deliver more stable returns.
10-year long-term risk
Over the long term, Cash can deliver low returns that may not keep up with the increased cost of living.
Don't put all your eggs in one basket
Investing your super in more than one asset class is a good strategy to reduce risk. QSuper's Single Sector investment options are designed to be used in combination with our other investment options.
Consider your options
Consider whether the low investment returns in Cash will be enough to keep up with the cost of living. Depending on your situation, investing in term deposits may be another option.
Deciding which investment option is best for you will depend on your personal circumstances, and you can now get personal financial advice online. It's easy and only takes 10-15 minutes.
As at 30 April 2023 (updated monthly)
As at 31 March 2023 (updated quarterly)
The Cash option invests in a mix of deposits at call, bank bills, and term deposits.
Is this option right for you?
In just 10-15 minutes, you can get personal financial advice about a range of different investment options for your QSuper account.
1. The Bloomberg AusBond Bank Bill Index is constructed as a benchmark to represent the performance of a passively managed short-term money market portfolio. It is made up of a series of bank bills of equal face value, each with a maturity 7 days apart.
2. The cost of product assumes a balance of $50,000 at the beginning of the year, and is based on fees and costs for the year ended 30 June 2022. Other fees and costs may apply. If you have insurance, premiums will apply. Investment fees and costs includes an amount of 0.00% for performance fees. Read the Accumulation account product disclosure statement (PDS) for full details.
3. For periods of one year or less, the return is net of fees and costs, and tax. For periods greater than one year, the return is a compound annualised return, net of fees and costs, and tax.
4. These figures have been rounded for member reporting.