Benefits of investing in the State Street Australian Cash Trust

• Diversified Investment: The Fund provides investors with a cost efficient way of gaining diversified exposure to the Australian Cash market.

• Relatively Low Cost: The Fund is designed to be cost efficient. Due to its sampling strategy and SSGA's scale of operations, the Fund is generally less expensive to operate than actively managed funds and therefore has lower management costs.

• Transparency of Performance: The Fund is designed to broadly replicate the performance (before fees) of the relevant index.

• Distributions: The Fund accrues interest and distributions from the underlying securities in the portfolio. The accrued interest and distributions are distributed net of expenses to unitholders monthly.

• Periodic Investor Communications: Up to date information about your investment will be sent to you and information about the Fund is available at ssga.com.

• Experience and Commitment: Having your money managed by the experience and dedicated teams of one of Australia's largest investment managers.

• On-line access: Secure on-line access allows you to view your holdings and transactions and to download or print these details.

Risk level

Low

Investor suitability

The Fund is suitable for investors seeking a high degree of liquidity and low risk.

About the Fund

In managing the Fund, the Investment Manager's primary investment strategy is index sampling. The goal of the sampling strategy is to mirror the returns and characteristics of the underlying benchmark, the Bloomberg AusBond Bank Bill Index.

The investment manager purchases a selection of short term money market securities such that the portfolio matches key characteristics of the index. Key characteristics include credit quality, duration, sector exposure and running yield.

The Fund's investment strategy may include the use of options, futures and other derivatives to reduce risk or gain market exposure when necessary to do so. These instruments are not used speculatively, and are never used to gear the Fund.

How we invest your money

Our investment process involves purchasing a selection of short term money market securities such that the portfolio matches key characteristics of the index. Characteristics include credit quality, duration, sector exposure and running yield.

The Fund's investment strategy may include the use of options, futures and other derivatives to reduce risk or gain market exposure when necessary to do so. These instruments are not used speculatively, and are never used to gear the Fund.

Asset allocation ranges

• Certificates of deposit: 0-100%

• Cash: 0-100%

• Term deposits: 0-20%

• Corporate notes: 0-25%