This entity operates as an exchange-traded fund (ETF) focusing on the Australian money market. Its primary objective is to provide investors with a return that closely mirrors the performance of the Bloomberg AusBond Bank Bill Index. Effectively, it acts as a low-risk, highly liquid investment vehicle that seeks to generate returns comparable to those achieved by investing in short-term, high-quality Australian money market instruments, predominantly bank bills. The fund invests in a diversified portfolio of these instruments, which are essentially short-term debt securities issued by financial institutions. Its structure as an ETF means it can be bought and sold on a stock exchange, offering investors easy access to a diversified portfolio of cash-like assets without the complexities of direct investment in the money market. By aiming for returns aligned with the bank bill index, the fund provides investors with an avenue to gain exposure to the short-term interest rate environment in Australia. Given its focus on instruments with very short maturities and high credit quality, this ETF is generally considered a conservative investment suitable for investors seeking capital preservation and stable income. It provides a convenient way to manage cash holdings, potentially offering a slightly higher yield than traditional bank accounts, while maintaining high liquidity and minimizing risk associated with credit defaults or market volatility. The fund is continually priced on the stock exchange throughout the trading day, ensuring transparency and facilitating quick entry and exit for investors. It serves as a useful tool for both individual and institutional investors seeking to manage their short-term liquidity needs, potentially as a place to park cash while they assess more long-term investment options or to access a low-risk stream of income. Finally, the ETF's structure means that it is transparent about its holdings and fees, providing investors with a clear understanding of where their money is being invested.