To build an investment portfolio to achieve the stated return objective within the stated risk parameters over the specified timeframe.
Who should invest?
Those who require access to Cash in the short term or who are seeking a secure, very low risk investment. Over long term periods, Cash is expected to be the lowest returning asset class.
100% invested in cash and short term money market securities.
- Corporate Plus, Personal Plus and TTR income stream members: outperform the Bloomberg AusBond Bank Bill Index, adjusted for tax^
- Retirement income stream members: outperform the Bloomberg AusBond Bank Bill Index^
For the purpose of setting and measuring the return objective, a time horizon of 2 years has been used.
The recommended investment timeframe for this option is 2 years. Members should consider investing in this option for at least a 0 to 2 year time-horizon. This timeframe provides an indication of the typical length of time over which investments in this option should be expected to be held.
The Cash option is TelstraSuper’s most defensive investment option, with the lowest expected level of return and short-term investment risk. This option’s risk characteristics using TelstraSuper’s four measures of investment risk are summarised in the diagrams below:
The Cash option’s Standard Risk Measure* is for a “very low” level of risk expected to generate less than 0.5 negative annual returns over any 20 year period.
Long-term strategic investment mix
100% defensive assets
Cash option investment mix and asset ranges
The aim of this information is to provide members with investment objective and strategy details (including investment mix) that we consider members reasonably need to understand the fund's investments and reflect the manner in which objectives and strategies have been formulated by the Trustee pursuant to superannuation law and discretionary powers under the Trust Deed.
^ The Bloomberg AusBond Bank Bill Index is a commonly used benchmark for cash-like investments. It measures the return earned on a diversified portfolio of different types of short term cash investments. Cash investments are generally taxed at 15% in the superannuation accumulation phase.
* The Standard Risk Measure is a standardised way of communicating investment risk that has been developed by the Association of Superannuation Funds of Australia (ASFA) and the Financial Services Council (FSC)
Cash option returns†
|TelstraSuper RetireAccess returns
|5 year returns
† Past performance is not a reliable indicator of future performance. The accumulation investment returns are net of investment fees and investment taxes, but before deducting any administration fee or indirect administration cost. The TelstraSuper RetireAccess investment returns are net of investment fees but before deducting any administration fee or indirect administration cost.
Portfolio holdings disclosure
TelstraSuper is proud of our investment track record and approach to responsible investment. To provide a better understanding of what that means and how we invest our funds on behalf of our members, every 30 June and 31 December reporting date we take a “snapshot” of our portfolio holdings‡ and then break it down to show the investment allocations for each investment option. In line with current legislation, this information is made available within 90 days of each reporting date and is presented to meet the required reporting and formatting standards. For more information please see the Investments - Portfolio Holdings Disclosure section of our FAQs page.