Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi Team, Would appreciate the general advice on where to park cash in the Super Fund safely in the short term to achieve a meaningful interest rate. Are there short-term government bonds or a bond ETF available? Thanks & regards, Sidney
Hi Sidney,
In general terms, term deposits will yield ~4% for a 12-month lock in, or 3.6% for 6 months, this is a meaningful return for low risk, there are ASX listed Government bonds that are also offering a more liquid way of gaining a meaningful yield with low risk, visit Government bonds (asx.com.au). Securities like the GSBG25 are liquid and very vanilla.
Betashares have a Government Bond ETF AGVT, which is an easy way to play the theme however this does hold longer dated bonds. We do have a preference for holding direct assets where possible here, i.e. not via an ETF.
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