Suitability and risk

Suits members who want exposure to a range of mainly higher risk asset classes and are comfortable with the value of their investments fluctuating.

7 years
Suggested minimum investment time frame
High
Summary risk level
Pre-Mixed
Option type
$8.3 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: 0.66% | Pension:  0.59%

Objective and performance

To invest in a diversified portfolio of mainly higher risk assets such as Australian and international shares, property, infrastructure and private equity, with some fixed interest and cash investments.

Objective

To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 3.5% p.a. more than inflation (CPI) over the suggested time frame.2

Performance against objective

2
% p.a. over 7 years
As at 31 Dec 2023
CPI + 3.5% Growth performance Outperformance
6.6 8.4 1.8
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 Growth performance SuperRatings median performance Outperformance
1 month 2.84 2.42 0.42
3 months 7.45 7.35 0.10
Financial year to date 8.25 8.27 -0.02
1 year 12.55 12.58 -0.03
3 years 6.61 7.70 -1.09
5 years 8.29 7.94 0.35
7 years 8.84 8.17 0.67
10 years 8.64 7.88 0.76
Periods less than a year are not annualised.

Growth 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 3.5% p.a. more than inflation (CPI) over the suggested time frame.2

Performance against objective

2
% p.a. over 7 years
As at 31 Dec 2023
CPI + 3.5% Growth performance Outperformance
6.6 9.2 2.6
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 Growth performance SuperRatings median performance Outperformance
1 month 3.13 2.72 0.41
3 months 8.24 7.75 0.49
Financial year to date 9.14 8.86 0.28
1 year 14.11 13.34 0.77
3 years 7.14 8.30 -1.16
5 years 9.06 8.63 0.43
7 years 9.65 9.04 0.61
10 years 9.49 8.86 0.63
Periods less than a year are not annualised.

Growth option performance ($)

2
As at 11 Apr 2024