State Street Australian Cash Trust

Overview
Performance
Holdings
Documents

Yield

0.04%

as of 17 Sep 2021

Management Costs

0.1% p.a.

Base Currency

AUD

Fund Size

AUD $354.5 mn

as of 31 Aug 2021

Buy/Sell Spread

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Key Features

Access High-Quality - provides access to high-quality, short-term money market securities issued in Australia.
Competitive Yield - aims to deliver a yield comparable to the benchmark.
Income Generation - income is distributed regularly on a monthly basis.¹
Daily Liquidity - a money market solution for investors seeking daily liquidity.
ESG Scoring – seeks to exclude exposure to companies that are classified as “Laggards” or “Under Performers” on our ‘Responsibility Factor’ (R-Factor™).

Investment Objective

The State Street Australian Cash Trust ("the Fund") seeks an investment return that approximates as closely as practicable, before expenses, the performance of the Bloomberg AusBond Bank Bill Index.

About this Benchmark

The Bloomberg AusBond Bank Bill Index ("the Index") represents a short-term Australian money market portfolio. The Index is valued using the Reserve Bank of Australia cash rate and Australian Stock Exchange Bank Bill Swap Rates.

Investment Strategy

In managing the Fund, our primary investment strategy is index sampling. The goal of the sampling strategy is to mirror the returns and characteristics of the Index. 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 also aims to avoid exposure to companies that score unfavourably on financially material sustainability issues relative to their industry peers, as well as performance against market specific corporate governance codes.

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

Fund Information as of 19 Sep 2021

Benchmark	Inception Date	Management Costs	Buy/Sell Spread	Minimum Initial Investment
Bloomberg AusBond Bank Bill Index	31 Mar 1998	0.1% p.a.	-	AUD 25,000

Benchmark	Bloomberg AusBond Bank Bill Index
Inception Date	31 Mar 1998
Management Costs	0.1% p.a.
Buy/Sell Spread	-
Minimum Initial Investment	AUD 25,000

Pricing	Distribution Frequency	APIR Code	ARSN Code	ISIN
Daily	Monthly	SST0003AU	089 590 358	AU60SST00035

Pricing	Daily
Distribution Frequency	Monthly
APIR Code	SST0003AU
ARSN Code	089 590 358
ISIN	AU60SST00035

Fund Pricing as of 16 Sep 2021

NAV	Application	Redemption
AUD $1.0000	AUD $1.0000	AUD $1.0000

NAV	AUD $1.0000
Application	AUD $1.0000
Redemption	AUD $1.0000

Most Recent NAV / NAV History

Fund Performance

Fund Inception Date: 31 Mar 1998

Performance

Month End

as of 31 Aug 2021

	As Of	1 Month	3 Months	1 Year	3 Years (p.a.)	5 Years (p.a.)	Since Inception (p.a.) 31 Mar 1998
Fund (Gross)	31 Aug 2021	0.01%	0.04%	0.19%	1.10%	1.47%	4.16%
Fund (Net)	31 Aug 2021	0.00%	0.01%	0.09%	1.00%	1.36%	4.05%
Benchmark	31 Aug 2021	0.00%	0.01%	0.04%	0.84%	1.22%	4.01%
Difference (Gross)	31 Aug 2021	0.01%	0.03%	0.15%	0.26%	0.24%	0.15%
Difference (Net)	31 Aug 2021	0.00%	0.01%	0.05%	0.16%	0.14%	0.04%

Past performance is not a reliable indicator of future performance. Performance returns for periods of less than one year are not annualised. The performance figures contained herein reflect Total Returns and are provided on a net and gross of fees basis. Performance figures are calculated using end-of-month exit prices and assume the reinvestment of distributions and make no allowance for tax. Net performance figures are after management and transaction costs. Gross performance figures are before management costs but after transaction costs. Index returns are unmanaged and do not reflect the deduction of any fees or expenses. The calculation method for the value added returns may show rounding differences.

Source: State Street Global Advisors

Top Holdings

Download All Holdings: Monthly

Fund Documents

Forms

Information & Schedules

Global Holiday Schedule

Fund Footnote

¹ The Responsible Entity reserves the right to not pay any distribution.

Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates raise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. Investments in asset backed and mortgage backed securities are subject to prepayment risk which can limit the potential for gain during a declining interest rate environment and increases the potential for loss in a rising interest rate environment.

Bloomberg Finance L.P. and its affiliates (collectively, "Bloomberg") do not approve or endorse this material and disclaim all liability for any loss or damage of any kind arising out of the use of all or any part of this material.

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This website is intended for persons resident in Australia. State Street Global Advisors, Australia Services Limited ABN 16 108 671 441, AFSL Number 274900 ("SSGA, ASL") is the product issuer. State Street Global Advisors, Australia, Limited (AFSL Number 238276, ABN 42 003 914 225) (“SSGA Australia”) is the Investment Manager. The material on this website is general information only and does not take into account your individual objectives, financial situation or needs.

You should seek professional advice and consider the Product Disclosure Document (PDS) and target market determination, available at www.ssga.com, before deciding whether to acquire or continue to hold units in the Funds.

You can access our PDS online or by calling us. The offer made in our PDS is available to persons receiving the PDS within Australia and applications from outside Australia will not be accepted. Past performance is not a reliable indicator of future performance. Investing entails risks and there can be no assurance that State Street Global Advisors will achieve profits or avoid incurring losses.

Investing involves risk including the risk of loss of principal. This material should not be considered a solicitation to apply for interests in the Funds and investors should obtain independent financial and other professional advice before making investment decisions. There is no representation or warranty as to the currency or accuracy of, nor liability for, decisions based on such information. Performance quoted represents past performance, which is not a reliable indicator of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.