Vanguard's Cash Reserve Fund provides a low-cost liquidity management solution. The fund aims to deliver a steady and reliable income stream through a diversified portfolio of high quality cash deposits and short term debt securities.
Who it may suit
- investors seeking a low cost, passively managed liquidity solution
- investors seeking capital stability and/or a steady and reliable income stream
- self managed super funds
Objectives
To match the total return of the UBS Australian Bank Bill Index before taking into account Fund fees and expenses.
Benefits
| Low risk and capital stability | diversified portfolio of quality cash and debt instruments |
| Regular income stream | monthly distributions |
| Low fees |
low management fees no entry fees |
| Flexibility |
easily switch funds with no costs no minimum additional investment requirements mean you can add to your investment as much and as often as you like |
Investment requirements and fees
| Minimum investment amounts | |
| Initial investment |
$1,000,000
|
| Additional investments |
Nil
|
| Holding balance |
Nil
|
| Switch/withdrawal |
Nil
|
| Buy/sell spread | |
| Purchase |
Nil
|
| Withdrawal |
Nil
|
| Management costs | |
| Management costs |
0.15% 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 Reserve 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.
