Suitability and risk
Suits members who want to invest in a specific asset class and are comfortable with the value of their investments fluctuating.
7 years
Suggested minimum investment time frame
High
Summary risk level
Sector
Option type
$1.5 billion
Option size1
As at 31 December 2023
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.46% | Pension: 0.38%
Objective and performance
To invest in a diversified portfolio of securities, including but not limited to, Australian shares.#
# From time to time this option may hold non-Australian exposures
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Mar 2024
CPI + 4% | Australian Shares performance | Outperformance |
---|---|---|
7.2 | 11.0 | 3.8 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 Mar 2024
Timeframe | Australian Shares performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 3.06 | 3.06 | 0.00 |
3 months | 5.60 | 5.40 | 0.20 |
Financial year to date | 13.29 | 12.50 | 0.79 |
1 year | 14.23 | 13.93 | 0.30 |
3 years | 10.75 | 9.44 | 1.31 |
5 years | 11.10 | 9.12 | 1.98 |
7 years | 10.95 | 8.56 | 2.39 |
10 years | 9.37 | 8.24 | 1.13 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 23 Apr 2024
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Mar 2024
CPI + 4% | Australian Shares performance | Outperformance |
---|---|---|
7.2 | 12.4 | 5.2 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 Mar 2024
Timeframe | Australian Shares performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 3.38 | 3.38 | 0.00 |
3 months | 6.20 | 5.90 | 0.30 |
Financial year to date | 14.80 | 13.74 | 1.06 |
1 year | 16.63 | 15.47 | 1.16 |
3 years | 12.17 | 10.58 | 1.59 |
5 years | 12.57 | 10.37 | 2.20 |
7 years | 12.44 | 9.88 | 2.56 |
10 years | 10.73 | 9.46 | 1.27 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 23 Apr 2024
Allocations
Strategic asset allocation
3As at 28 September 2023
Asset class | Allocation |
---|---|
Australian Shares
|
100.0% |
Sector allocation
As at 31 December 2023
Sector | Allocation |
---|---|
Materials
|
27.0% |
Financials
|
23.7% |
Consumer Discretionary
|
10.5% |
Health Care
|
8.8% |
Industrials
|
8.0% |
Communication Services
|
5.0% |
Real Estate
|
4.5% |
Energy
|
3.9% |
Information Technology
|
3.7% |
Consumer Staples
|
3.6% |
Utilities
|
1.3% |
- Tribeca Alpha Plus Fund
- Pendal Australian Long/Short Fund
- BHP Group Ltd
- Commonwealth Bank of Australia
- National Australia Bank Ltd
- CSL Ltd
- Rio Tinto Ltd
- Macquarie Group Ltd
- Wesfarmers Ltd
- ResMed Inc