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 to high
Summary risk level
Pre-Mixed
Option type
$7.9 billion
Option size1
As at 30 June 2024
Expected frequency of negative annual return
Three to less than four in 20 years
Total investment fees and costs and transaction costs (%)
Super 0.52% | Pension 0.45%
Objective and performance
To invest in a diversified portfolio of assets like fixed interest and cash, shares, property, infrastructure and private equity.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 2.0% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 5 years
As at 30 Jun 2024
CPI + 2.0% | Conservative Balanced performance | Outperformance |
---|---|---|
5.9 | 4.1 | -1.8 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Aug 2024
Timeframe | Conservative Balanced return |
---|---|
1 month | 0.12 |
3 months | 2.81 |
Financial year to date | 1.59 |
1 year | 7.51 |
3 years | 4.00 |
5 years | 4.23 |
7 years | 5.23 |
10 years | 5.71 |
Periods less than a year are not annualised.
Conservative Balanced option performance ($)
2As at 22 Oct 2024
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 2.0% 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 + 2.0% | Conservative Balanced performance | Outperformance |
---|---|---|
5.9 | 4.7 | -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 Balanced return |
---|---|
1 month | 0.14 |
3 months | 3.00 |
Financial year to date | 1.80 |
1 year | 8.35 |
3 years | 4.47 |
5 years | 4.77 |
7 years | 5.97 |
10 years | 6.52 |
Periods less than a year are not annualised.
Conservative Balanced option performance ($)
2As at 22 Oct 2024
Allocations
Strategic asset allocation
3As at 28 September 2024
Asset class | Allocation |
---|---|
Cash & Fixed Interest
|
44.0% |
International Shares
|
22.0% |
Australian Shares
|
20.0% |
Property
|
7.0% |
Infrastructure & Private Equity
|
7.0% |
Property
- Karrinyup Shopping Centre WA
- Australian Core Retail Trust
- ISPT Core Property Fund
- Brookfield Place NSW
- Goodman Australia Industrial Partnership
Australian Shares
- BHP Group Ltd
- Commonwealth Bank of Australia
- CSL Ltd
- Macquarie Group Ltd
- National Australia Bank Ltd
- Transurban Group
- Wesfarmers Ltd
- Westpac Banking Corp
- Rio Tinto Ltd
- Tribeca Alpha Plus Fund
International Shares
- Microsoft Corp
- Apple Inc
- NVIDIA Corp
- Alphabet Inc
- Amazon.com Inc
- ASML Holding NV
- Eli Lilly and Co
- Meta Platforms Inc
- Taiwan Semiconductor Manufacturing Co Ltd
- Novo Nordisk A/S