Cash

March 27 2017

Strategic asset allocations

Effective from 1 January 2016
(asset allocation ranges are shown in brackets)

Australian shares 0% (0%)
Overseas shares  0% (0%)
Property 0% (0%)
Infrastructure 0% (0%)
Alternative strategies 0% (0%)
Multi-asset strategies 0% (0%)
Fixed interest 0% (0%)
Cash  100% (100%)

Suitability: This option may be suitable if you do not wish to take any investment risk as your priority is safeguarding of your investment capital.
Objective*: To provide a return (after fees) equivalent or higher than the RBA Cash Rate.

(Figures in brackets are for Income Streams)
Growth assets to
defensive assets:
100% defensive
Minimum suggested
investment timeframe:
1 year
Risk band#: 1 - VERY LOW
Estimated number
of negative
annual returns#:
Less than 0.5 over any 20 year period

Investment Option Performance

Cash
(period 1 July to 30 June)
Crediting rate % p.a. 
Accumulation Plan Beneficiary Account Income Streams
2014/15 2.25 2.25 2.65
2013/14 2.47 2.47 2.89
2012/13 3.13 3.13 3.67
2011/12 4.04 4.04 4.69
2010/11 4.12 4.12 4.86
3 years - compound average p.a. 2.61 2.61 3.07
5 years - compound average p.a. 3.20 3.20 3.75

Past performance is not a reliable indicator of future performance and should not be relied upon for making investment decisions.

 


* The investment objectives are not a promise or guarantee of any particular benefit. They represent a benchmark against which the Board monitors the performance of the investments in the Plan.

# The standard risk measure is based on industry guidance to allow members to compare investment options that are expected to deliver a similar number of negative annual returns over any 20 year period. The standard risk measure is not a complete assessment of all forms of investment risk, for instance it does not detail what the size of a negative return could be or the potential for a positive return to be less than a member may require to meet their objectives. Further, it does not take into account the impact of administration fees and tax on the likelihood of a negative return. Members should still ensure they are comfortable with the risks and potential losses associated with their chosen investment option/s. Refer to www.esssuper.com.au/performance for investment returns. Past performance is not a reliable indicator of future performance and should not be relied upon for making investment decisions.