InvestSMART

REST Super Basic Cash - Managed Fund (Closed)

Fund Objective
Provide members with the opportunity to construct portfolios that are appropriate to their own particular circumstances. A member's portfolio may be constructed from one or more of the Basic Cash, Cash, Bond, Property, Shares, Australian Shares and Overseas Shares options, as well as from the Structured options and the Core Strategy. This permits the construction of members' portfolios with an extremely wide range of risk/return objectives.
Fund Strategy
Match the return of the Reserve Bank cash rate target before tax and before fees over rolling 1 year periods. The portfolio will invest in deposits with, or short-term discount securities (bank bills and negotiable certificates of deposit) issued by, banks rated at least AA- at the time of purchase.

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 0.01% 0% -0.01% 0.02% 0.29% 0.71% 1.02% 1.74%
Growth return 0.01% 0% -0.01% 0.02% 0.29% 0.71% 1.02% 1.74%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.9% 1.85% 4.02% 4.2% 4.02% 2.58% 2.07%
As at 31 Jul 2021. 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
46.36%
Australian Equities
3.95%
International Equities
6.73%
Property & Infrastructure
1.87%
Fixed Interest
20.35%
Alternatives
20.74%

General Information

Fund Details
Type Description
REST Super Basic Cash
Closed
Retail Employees Superannuation Pty Ltd
Australian Cash
starstarstarstar (as at 31 Mar 2013)
Superannuation Fund
30 Jun 2009
$107.47 million (as at 31 Jul 2021)
$1.2812 (as at 31 Jul 2021)
$1.2812 (as at 31 Jul 2021)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.05% (as at 30 Jun 2014) (Estimated)

FAQs about the REST Super Basic Cash

The objective of the REST Super Basic Cash managed fund is Provide members with the opportunity to construct portfolios that are appropriate to their own particular circumstances. A member's portfolio may be constructed from one or more of the Basic Cash, Cash, Bond, Property, Shares, Australian Shares and Overseas Shares options, as well as from the Structured options and the Core Strategy. This permits the construction of members' portfolios with an extremely wide range of risk/return objectives.

The strategy of the REST Super Basic Cash managed fund is Match the return of the Reserve Bank cash rate target before tax and before fees over rolling 1 year periods. The portfolio will invest in deposits with, or short-term discount securities (bank bills and negotiable certificates of deposit) issued by, banks rated at least AA- at the time of purchase.

The APIR code of the REST Super Basic Cash managed fund is .

REST Super Basic Cash’s total return last month was 0.01%. This was made up of a growth return of 0.01% and an income return of 0%. These returns were calculated as at 31 Jul 2021.

REST Super Basic Cash’s total return for the last three months was 0%. This was made up of a growth return of 0% and an income return of 0%%. These returns were calculated as at 31 Jul 2021.

REST Super Basic Cash’s one-year total return is 0.02%. This was made up of a growth return of 0.02% and an income return of 0%. These returns were calculated as at 31 Jul 2021.

REST Super Basic Cash’s one-year total return is 0.71%. This was made up of a growth return of 0.71% and an income return of 0%. These returns were calculated as at 31 Jul 2021.

The asset allocation of the REST Super Basic Cash managed fund is :

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

The Responsible Entity for the REST Super Basic Cash managed fund is Retail Employees Superannuation Pty Ltd.

The REST Super Basic Cash managed fund belongs to the Australian Cash sector/asset class.

As at 31 Jul 2021, the size of the REST Super Basic Cash managed fund was $107.47 million.

The REST Super Basic Cash managed fund has an inception date of 30 Jun 2009.

The current entry price of the REST Super Basic Cash managed fund is $1.2812 per unit and the current exit price is $1.2812 per unit (as at 31 Jul 2021).

The current exit price of the REST Super Basic Cash managed fund is $1.2812 per unit and the current entry price is $1.2812 per unit (as at 31 Jul 2021).

The minimum initial investment amount for the REST Super Basic Cash managed fund is $.

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.