• Strong performance
• No fixed term
• No entry or exit fees
• Read the PDS before you invest
• Minimum investment $1,000
• Convenient access to your cash

Turn your cash into Smarter Money Apply Now

A smarter way to save

Smarter Money Active Cash is an independently rated and recommended savings solution that targets returns that outperform the Reserve Bank of Australias cash rate by 1% — 2% per annum after all fees, over rolling 12 month periods.

Smarter Money Active Cash invests in a conservative portfolio of Australian bank deposits and Australian investment-grade bonds (mainly issued by banks). By aggregating individual investors’ cash, Smarter Money active cash offers access to ‘institutional’ returns usually unavailable to retail investors.

Smarter Money Active Cash has significantly outperformed: its benchmark, which is the RBA cash rate plus 1% per annum after fees; the UBS Bank Bill Index, which is made up of bank-issued bills; and the average peer fund. Past performance does not, however, assure future returns.

Smarter Money Active Cash has been independently reviewed and rated by several research houses, including Mercer, Atchison Consultants and Australia Ratings. Please contact us to obtain copies of the available ratings reports. These ratings are only one factor to be taken into account when deciding whether to invest.

Smarter Money Active Cash targets holding 30-50% of its investments in Australian bank deposits and RBA repurchase-eligible securities with the balance invested in Australian floating-rate bonds that generally move in line with the RBA cash rate. As a minimum, the bonds must have an investment grade Standard & Poor’s rating with a target average A rating. Smarter Money does not invest in any YBR-related securities.

Smarter Money Active Cash is not a bank deposit. It is a managed investment scheme registered and regulated by the Australian Securities and Investments Commission (ASIC).

All investments carry risks, including that the value of investments may vary, future returns may differ from past returns, and that your capital is not guaranteed. To understand Smarter Money Active Cash’s risks better, please refer to the detailed Risks tab below and/or the PDS. To find out more about Smarter Moneys Manager, please click here .

How the banks make money

When you put money on deposit with a bank, the bank uses part of that money to make loans. The interest rate you receive on your deposit is usually much lower than the interest rate the banks receive on their loans.

How has it performed?

Smarter Money active cash’s goal is to deliver you returns above its benchmark, the Reserve Bank of Australias cash rate plus 1.0% per annum, after all Fund fees.

Safety & security

Historically, the types of assets that Smarter Money active cash invests in have had a lower risk of loss that Australian Shares. They may, therefore, assist in protecting you against sharemarket volatility.

This chart illustrates the performance of the types of assets Smarter Money active cash invests in, compared to Australian shares plus dividends over the past 11 years.

All investments carry risk and Smarter Money active cash’s returns are not guaranteed. Please carefully read the Product Disclosure Statement (PDS) to better understand the risks of investing.

Banks earn a net interest margin

The Reserve Bank of Australia calculates that, on average, the major banks earn a ‘net interest margin’, or ‘spread’, of 2.2% per annum above what they pay their depositors (i.e. you) and other funders (January 2015 Reserve Bank of Australia, Chart Pack).

Make your savings work as hard as you do

The chart shows the post-fee returns delivered by Smarter Money active cash to its investors over the period specified compared to the fund’s benchmark, which is the RBA’s cash rate plus 1% per annum after fees. Please note past performance does not assure future returns and there is no guarantee that the fund will achieve its target returns. Smarter Money active cash is a unit trust and not a bank deposit.

Smarter Money Active Cash — a Conservative Alternative