InvestSMART

Brighter Optimiser Cash - Pension - Managed Fund

Fund Objective
Aims to provide a stable, cash based investment delivering a higher return than the RBA cash rate over the full interest rate cycle.
Fund Strategy
Invests in bank deposits across a range of terms to deliver strong, secure interest income with capital stability and minimal risk.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.4% 1.08% 2.2% 4.42% 3.21% 2.25% 1.78% -%
Growth return 0.4% 1.08% -% 4.42% 3.21% 2.25% 1.78% -%
Income return 0% 0% -% 0% 0% 0% 0% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.35% 0.96% 1.88% 3.76% 4.06% 4.11% 2.96% 2.14%
As at 30 Apr 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Cash
55.65%
Australian Equities
4.94%
International Equities
2.99%
Property & Infrastructure
1.97%
Fixed Interest
15.72%
Alternatives
18.73%

General Information

Fund Details
Type Description
Brighter Optimiser Cash - Pension
Suncorp Portfolio Services Limited
RSA1003AU
Australian Cash
Not Rated
Allocated Pension
30 May 2016
$35.94 million (as at 31 Mar 2023)
$1.27018 (as at 30 May 2024)
$1.27018 (as at 30 May 2024)
Finalised
Offer information
Type Description
MER 0.90% (as at 12 Dec 2023)
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available
Minimum initial investment
Minimum additional investments
Minimum redemption amount
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FAQs about the Brighter Optimiser Cash - Pension

The objective of the Brighter Optimiser Cash - Pension managed fund is Aims to provide a stable, cash based investment delivering a higher return than the RBA cash rate over the full interest rate cycle.

The strategy of the Brighter Optimiser Cash - Pension managed fund is Invests in bank deposits across a range of terms to deliver strong, secure interest income with capital stability and minimal risk.

The APIR code of the Brighter Optimiser Cash - Pension managed fund is RSA1003AU.

Brighter Optimiser Cash - Pension’s total return last month was 0.4%. This was made up of a growth return of 0.4% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser Cash - Pension’s total return for the last three months was 1.08%. This was made up of a growth return of 1.08% and an income return of 0%%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser Cash - Pension’s one-year total return is 4.42%. This was made up of a growth return of 4.42% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

Brighter Optimiser Cash - Pension’s one-year total return is 2.25%. This was made up of a growth return of 2.25% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

The asset allocation of the Brighter Optimiser Cash - Pension managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Brighter Optimiser Cash - Pension managed fund is Suncorp Portfolio Services Limited.

The Brighter Optimiser Cash - Pension managed fund belongs to the Australian Cash sector/asset class.

As at 31 Mar 2023, the size of the Brighter Optimiser Cash - Pension managed fund was $35.94 million.

The Brighter Optimiser Cash - Pension managed fund has an inception date of 30 May 2016.

The current entry price of the Brighter Optimiser Cash - Pension managed fund is $1.27018 per unit and the current exit price is $1.27018 per unit (as at 30 May 2024).

The current exit price of the Brighter Optimiser Cash - Pension managed fund is $1.27018 per unit and the current entry price is $1.27018 per unit (as at 30 May 2024).

The minimum initial investment amount for the Brighter Optimiser Cash - Pension managed fund is $0. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.