Cash assets in your super
Some of your super may be invested in cash. Your asset types may vary – but will often include currencies and foreign exchange spots.
Cash Deposits
If you have cash assets, they ll be made up of formally recognised currencies. These include the Australian Dollar, US Dollar, British Pound, Indian Rupee and Japanese Yen.
Foreign Exchange Spot
This type of asset is a contract between two parties to buy one currency in exchange for another. It’s at an agreed ’spot' price (which is the exchange rate 'right now') and at a mutually-agreed date.
Asset types
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Things you should know
Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531 (AIL) is the trustee of the Colonial First State FirstChoice Superannuation Trust ABN 26 458 298 557 and issuer of FirstChoice range of super and pension products. Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (CFSIL) is the responsible entity and issuer of products made available under FirstChoice Investments and FirstChoice Wholesale Investments.
Information on this webpage is provided by AIL and CFSIL. It may include general advice but does not consider your individual objectives, financial situation, needs or tax circumstances. You can find the target market determinations (TMD) for our financial products at https://www.cfs.com.au/tmd which include a description of who a financial product might suit. You should read the relevant Product Disclosure Statement (PDS) and Financial Services Guide (FSG) carefully, assess whether the information is appropriate for you, and consider talking to a financial adviser before making an investment decision. You can get the PDS and FSG at www.cfs.com.au or by calling us on 13 13 36.