Cash and Term Deposits
The NGS Cash and Term Deposits investment option invests in bank term deposits and at-call cash accounts. The aim is to provide a high level of security for the capital value of your investment.
This option may suit you if you need an investment with a consistent rate of return and high level of capital value security over short-term periods.
Unit prices
Summary
INVESTMENT PERFORMANCE OBJECTIVE*
To achieve a net return that matches or exceeds the RBA cash rate.*
* Adjusted for implied superannuation tax and/or franking credits, where applicable.
MINIMUM INVESTMENT TIMEFRAME
At least 1 year.
RISK BAND AND LABEL
1, Very low.
EXPECTED FREQUENCY OF NEGATIVE RETURN OVER 20-YEAR PERIOD
Negligible.
For information about how we calculate the standard risk measure (SRM) of each investment option, please see section 2 of our Investment guide.
* The trustee is required by law to set this objective. It is neither a forecast nor a guarantee of future investment returns. It is anticipated that the CPI objective should be achieved over the long term. However, due to the volatile nature of investment markets and the lack of direct linkage between market returns and inflation, there may be periods when investment returns are not above the objective.
