CASH FUNDS PERFORMANCE
The RBA’s overnight cash rate target remained unchanged at 4.35% in December. 3-month BBSW slipped 1bp to 4.42% while 6-month BBSW finished the month 17bps lower at 4.49%. At the end of the month, cash futures contracts implied the actual cash rate would average 4.335% in January, 4.275% in February 2025 and 3.92% in May 2025. The actual cash rate at the end of December was 4.34%.
The benchmark Bloomberg AusBond Bank Bill index returned 0.38% over the month and 4.47% over the 12 months to the end of December.
| Ticker | Name | Fee (%) | Yield (%) | 1-Year CAGR (%) | 5-Year CAGR (%) | Sharpe Ratio | Max Drawdown (%) | Launch Date | Fund Type |
|---|---|---|---|---|---|---|---|---|---|
| ADV00692 | Advance Cash Multi-Blend | 0.12 | 4.45 | 3.39 | 4.65 | 0.77 | -0.25 | 5/3/2016 | Mutual Fund |
| NML05696 | AMP-Generations-AMP Cash Management | 0.94 | 5.51 | 1.83 | 0.87 | 1.73 | -1.4 | 2/7/2017 | Mutual Fund |
| PPL02816 | Antares Cash | 4.20 | 3.78 | 1.71 | 1.18 | -1.66 | 5/16/2014 | Mutual Fund | |
| PPL49619 | Antares Enhanced Cash Trust | 0.23 | 4.97 | 4.12 | 2.17 | 0.46 | -2.99 | 1/18/2007 | Mutual Fund |
| ANT01 | Antares Income | 2.91 | 16.43 | 9.81 | |||||
| BGL00090 | BlackRock Cash | 0.04 | 4.56 | 2.45 | 1.69 | 0.4 | -3.79 | 1/3/2002 | Mutual Fund |
| FSF96203 | CFS Enhanced Cash-A | 0.16 | 4.91 | 3.93 | 7.93 | -0.32 | 5/23/2023 | Mutual Fund | |
| FSF02284 | CFS FC Inv-First Sentier Strategic Cash | 0.39 | 4.44 | 3.77 | 2.2 | 5.16 | -0.32 | 4/10/2017 | Mutual Fund |
| FSF93788 | CFS FC W Inv-FirstRate Cash | 0.24 | 4.79 | 3.87 | 8.03 | -0.39 | 11/22/2022 | Mutual Fund | |
| FSF00320 | CFS MIF-Strategic Cash | 0.39 | 4.44 | 3.84 | 2.24 | 5.26 | -0.34 | 4/10/2017 | Mutual Fund |
| DDH00091 | DDH Cash | 0.22 | 4.23 | 1.45 | 1.49 | 1.36 | -0.49 | 10/4/2010 | Mutual Fund |
| PIM34259 | First Sentier Cash-A | 4.14 | 4.42 | 6.95 | -0.38 | 6/11/2020 | Mutual Fund | ||
| IOF01412 | Janus Henderson Cash-Institutional | 0.15 | 4.72 | 4.16 | 2.15 | 2.76 | -0.68 | 11/2/2012 | Mutual Fund |
| NML00184 | Macquarie Cash-M | 0.10 | 4.48 | 3.3 | 1.97 | 1.88 | -0.48 | 10/19/2010 | Mutual Fund |
| MAQ01873 | Macquarie Master Cash | 0.51 | 4.20 | 3.99 | 1.79 | 0.39 | -2.3 | 6/30/2000 | Mutual Fund |
| MAQ07896 | Macquarie True Index Cash | 0.00 | 4.15 | 3.94 | 2.17 | 0.44 | -5.61 | 4/4/2006 | Mutual Fund |
| MIN00081 | Mercer Cash-Cash | 0.27 | 4.15 | 3.47 | 1.87 | 0.33 | -5.8 | 12/1/2004 | Mutual Fund |
| MIN00461 | Mercer Cash-Term Deposit | 0.32 | 4.40 | 3.75 | 2.02 | 1.11 | -1.67 | 12/20/2010 | Mutual Fund |
| IOF00919 | MLC MultiActive Cash Enhanced | 0.36 | 5.26 | 4.4 | 2.7 | 0.71 | -3.3 | 4/29/2008 | Mutual Fund |
| PER00407 | Perpetual WFIA-Perpetual Cash | 0.10 | 4.54 | 3.11 | 1.93 | 4.88 | -0.45 | 6/23/2016 | Mutual Fund |
| RIM00413 | Russell Investments Australian Cash A | 0.16 | 4.11 | 3.41 | 1.81 | 0.35 | -4.04 | 6/3/1998 | Mutual Fund |
| SMF01 | Smarter Money Fund Assisted Investor Class | 1.03 | 5.41 | -0.22 | |||||
| WPC00286 | Strategic Cash Plus | 0.25 | 4.51 | 3.78 | 2.19 | 1.67 | -1.55 | 11/16/2012 | Mutual Fund |
| SBC08113 | UBS Cash | 0.10 | 4.44 | 2.24 | 1.78 | 0.27 | -8.11 | 5/31/1989 | Mutual Fund |
| VAN00204 | Vanguard Cash Reserve | 0.15 | 4.45 | 3.95 | 1.97 | 1.07 | -1.41 | 11/1/2007 | Mutual Fund |
| WRA65149 | Warakirri Cash Deposits Trust | 4.90 | 3.57 | 2.06 | 2.48 | -0.79 | 12/17/2012 | Mutual Fund |