You are now leaving Centuria Australia
and entering Centuria New Zealand.
Investment objective
To source and actively manage a portfolio of the best term deposits offered by the big four major Australian banks with small cash holdings to provide fund liquidity, targeting capital security for investors and net returns that outperform the Bloomberg AusBond Bank Bill Index and cash alternatives.
Investment strategy
The Fund invests solely in the deposits of the big four major Australian Banks (e.g. ANZ, CBA, NAB and WBC). The Fund is managed to a short-term maturity profile to meet liquidity requirements.
Investment manager
Mutual Limited founded in 2009, Mutual Limited is an independently owned Australian investment manager specialising in cash, credit, and fixed income strategies, with a strong long-term track record of performance and reliability across their investment strategies. Specialising in managing funds for investors that are either conservative, prudentially supervised or who operate subject to regulated investment regimes.
Unit price
Unit price
Mutual Term Deposit Fund
Buy
Sell
Past performance is not a reliable indicator of future performance.
Performance
The performance of your investment is measured after taxes and fees within this tax paid fund.
| 1 mth | 3 mth | 6 mth | 1 yr | 2 yrs | 3 yrs | |
|---|---|---|---|---|---|---|
| Net return* (%) | N/A | N/A | N/A | N/A | N/A | N/A |
Past performance is not a reliable indicator of future performance.
(*As at 31/10/2025)
Key features
| Key features | |
|---|---|
| APIR code | OVS6995AU |
| Risk level |
2 – low |
| Minimum initial investment | $500 |
| Minimum additional investment | $500 for a one-off additional payment |
| Regular investment plan | Minimum monthly deposit of $100 |
| Minimum switching amount |
$500 |
| Minimum balance | $500 |
| Total estimated fees and costs | 0.46% p.a. |
| Recommended minimum investment period | One year |
Target asset allocation
| Asset class | Min % | Max % |
|---|---|---|
| Cash and deposits | 0 | 100 |
Unit price
Unit price
Mutual Term Deposit Fund
Buy
Sell
Past performance is not a reliable indicator of future performance.
Performance
The performance of your investment is measured after taxes and fees within this tax paid fund.
| 1 mth | 3 mth | 6 mth | 1 yr | 2 yrs | 3 yrs | |
|---|---|---|---|---|---|---|
| Net return* (%) | N/A | N/A | N/A | N/A | N/A | N/A |
Past performance is not a reliable indicator of future performance.
(*As at 31/10/2025)
Key features
| Key features | |
|---|---|
| APIR code | OVS6995AU |
| Risk level |
2 – low |
| Minimum initial investment | $500 |
| Minimum additional investment | $500 for a one-off additional payment |
| Regular investment plan | Minimum monthly deposit of $100 |
| Minimum switching amount |
$500 |
| Minimum balance | $500 |
| Total estimated fees and costs | 0.46% p.a. |
| Recommended minimum investment period | One year |
Target asset allocation
| Asset class | Min % | Max % |
|---|---|---|
| Cash and deposits | 0 | 100 |
Request a PDS
You are one step closer to securing your future. Request a copy of the Centuria LifeGoals PDS to start investing today.
You can apply online for a simple and easy application process, or contact us for any investment, product or administrative enquiries.