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
Medium
Summary risk level
Pre-Mixed
Option type
$3.8 billion
Option size1
As at 30 June 2024
Expected frequency of negative annual return
Two to less than three in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.54% | Pension: 0.47%
Objective and performance
To invest in a diversified portfolio of mainly assets like fixed interest and cash, and some assets like shares, property, infrastructure and private equity.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 1.0% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 5 years
As at 30 Jun 2024
| CPI + 1.0% | Conservative performance | Outperformance |
|---|---|---|
| 4.9 | 3.2 | -1.7 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Aug 2024
| Timeframe | Conservative return |
|---|---|
| 1 month | 0.32 |
| 3 months | 2.53 |
| Financial year to date | 1.42 |
| 1 year | 5.74 |
| 3 years | 3.19 |
| 5 years | 3.35 |
| 7 years | 4.05 |
| 10 years | 4.43 |
Periods less than a year are not annualised.
Conservative option performance ($)
2As at 06 Oct 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 30 Jun 2024
| CPI + 1.0% | Conservative performance | Outperformance |
|---|---|---|
| 4.9 | 3.7 | -1.2 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Aug 2024
| Timeframe | Conservative return |
|---|---|
| 1 month | 0.37 |
| 3 months | 2.67 |
| Financial year to date | 1.63 |
| 1 year | 6.38 |
| 3 years | 3.64 |
| 5 years | 3.84 |
| 7 years | 4.70 |
| 10 years | 5.15 |
Periods less than a year are not annualised.
Conservative option performance ($)
2As at 06 Oct 2024