Vanguard's Cash Plus Index Fund invests in a mix of Australian cash and high quality, higher yielding debt securities. The fund aims to delivers a steady and reliable income stream while providing the potential for higher yields than traditional style cash funds.
Who it may suit
- short-term investors
- investors requiring a steady and reliable income stream such as retirees or those nearing retirement
- investors seeking capital stability
- self managed super funds
Objectives
To match the total return of the Vanguard Cash Plus Index before taking into account fund fees and expenses. The index is allocated:
- 85% to 6 month discount securities
- 7.5% to 1 year fixed interest securities
- 7.5% to 2 year fixed interest securities
Benefits
| Low risk and capital stability |
|
| Regular income stream |
|
| Opportunities for higher yields than traditional cash investments |
|
| Low fees |
|
| Flexibility |
|
Investment requirements and fees
| Minimum investment amounts | |
| Initial investment |
$500,000
|
| Additional investments |
Nil
|
| Holding balance |
Nil
|
| Switch/withdrawal |
Nil
|
| Buy/sell spread | |
| Purchase |
Nil
|
| Withdrawal |
Nil
|
| Management costs | |
| Management costs |
0.29% p.a.
|
Risk/return profile
At Vanguard, we believe it's just as important to understand the risks and costs of investing, as it is to know about the rewards.
Our risk/return profiler illustrates the expected risk level and potential return for the Vanguard Cash Plus Index Fund based on historical data. It's important to remember that past performance is no guarantee of future performance and return profile of each fund may vary from year to year.
