The Fund invests in bank deposits and money market instruments, including but not limited to bank bills and certificates of deposit.

To provide a total return, before costs and tax, in line with the Fund’s benchmark over the short term by providing exposure to adiversified portfolio of Australian dollar investment grade cash and cash equivalents.

Benefits of investing in the Russell Investments Australian Cash Fund - Class A

• Actively managed investment strategy: The Fund offers broad exposure to a diversified portfolio of cash assets, including bank deposits and other money market instruments. The Fund's investment strategy is based on the same deep insights, high standards and stringent research we use working for many of the world's largest investors.

• Deep global insights:The majority of investment opportunities reside outside of Australia. We operate a global business with specialists in the major markets around the world. We value local knowledge, building a dedicated team of over 300 professionals in 21 countries. We base our portfolio managers and manager researchers in the markets in which they work allowing them to better understand their portfolios, enabling quicker and more decisive action.

• Best of breed approach: Embedded within our funds is an open architecture selection process, scouring the globe for investment opportunities, wherever they reside. Our analysts seek to identify superior investment manager talent through a proprietary research process based on objective analysis. This includes monitoring more than 4,000 investment manager firms. We combine decades of consulting experience, proprietary analytics and our renowned manager research to bring the optimal combination of managers in each asset class.

Risk level

Low

Investor suitability

Suitable for investors seeking cash-like returns who have a short investment horizon.

About the Fund

The Russell Investments Australian Cash Fund (the Fund) provides investors with exposure to a diversified portfolio of cash assets.

The Fund is managed by Russell Investment Management Ltd, which is part of Russell Investments, a global financial services organisation with headquarters in Seattle, USA.

How we invest your money

The Fund may be directly or indirectly exposed to assets such as bank deposits, money market instruments (including but not limited to bank bills and negotiable certificates of deposit).

Asset allocation

• The Fund may invest up to 100% in cash.