Automatic cash management
To help you manage your Cash Account balance, you and your adviser can select a minimum and/or maximum target cash balance. This can be either specific dollar amounts or a percentage of your account. If your Cash Account balance exceeds your specified maximum, we will automatically invest the additional balance according to your instructions. If your Cash Account balance falls below your minimum target, we will sell down some of your investments and top up your Cash Account balance.
The automatic cash management process is run on, or around, the 20th of each month (this date may change without prior notice to you).
Part A of the Avenue Retirement Service PDS