Money Market Fund
This is an underlying investment option for Westpac Lifetime Superannuation Service and Westpac Flexible Income Plan
Investment objective and strategy
The Guaranteed Money Market fund aims to provide a high level of capital security and to maximise interest earnings from a portfolio that invests mainly in money market securities.
The fund invests either directly in assets or indirectly through collective investments (such as life policies or unit trusts) so that the underlying assets of the fund consist wholly of short-term liquid assets such as bank bills. Westpac Life provides a guarantee that the unit price will not fall.
Target investment mix
The illustration below outlines the standard allocation range of each investment type for the fund. The actual investment mix may vary depending on market conditions.
| Asset type | Range |
|---|---|
| Income-only investments | (100%) |
Who should invest?
This fund is suitable for investors who:
- Have an investment time frame ranging from a few months to two years or more
- Wish to minimise the risk of any deterioration in the capital value of their investment over any time period.
