Suitability and risk

Suits members who want exposure to a range of asset classes and are less comfortable with large fluctuations in the value of their investments.

5 years
Suggested minimum investment time frame
Low to medium
Summary risk level
Pre-Mixed
Option type
$4.0 billion

Option size1

As at 31 December 2023

Expected frequency of negative annual return
One to less than two in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.54% | Pension: 0.47%

Objective and performance

To invest in a diversified portfolio of mainly assets like fixed interest and cash, and some assets like shares, property, infrastructure and private equity.

Objective

To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 1.0% p.a. more than inflation (CPI) over the suggested time frame.2

Performance against objective

2
% p.a. over 5 years
As at 31 Dec 2023
CPI + 1.0% Conservative performance Outperformance
4.6 3.9 -0.7
Performance objectives are not promises or predictions of any particular rate of return.

Performance against peers

2
Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 29 Feb 2024
Timeframe Conservative performance SuperRatings median performance Outperformance
1 month 0.54 0.73 -0.19
3 months 2.20 3.26 -1.06
Financial year to date 3.34 4.28 -0.94
1 year 4.79 6.23 -1.44
3 years 3.56 2.98 0.58
5 years 3.64 3.57 0.07
7 years 3.98 3.93 0.05
10 years 4.54 4.23 0.31
Periods less than a year are not annualised.

Conservative option performance ($)

2
As at 11 Apr 2024

Objective

To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 1.0% p.a. more than inflation (CPI) over the suggested time frame.2

Performance against objective

2
% p.a. over 5 years
As at 31 Dec 2023
CPI + 1.0% Conservative performance Outperformance
4.6 4.5 -0.1
Performance objectives are not promises or predictions of any particular rate of return.

Performance against peers

2
Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 29 Feb 2024
Timeframe Conservative performance SuperRatings median performance Outperformance
1 month 0.62 0.73 -0.11
3 months 2.52 3.50 -0.98
Financial year to date 3.85 4.73 -0.88
1 year 5.66 6.95 -1.29
3 years 4.08 3.21 0.87
5 years 4.22 3.81 0.41
7 years 4.65 4.32 0.33
10 years 5.29 4.70 0.59
Periods less than a year are not annualised.

Conservative option performance ($)

2
As at 11 Apr 2024