Changes to investment options

05 Jul 2017

We’ve made changes to several of our investment options from 1 July 2017:

  • the Capital Stable investment option was renamed the ‘Conservative’ investment option, and

  • the performance objectives, summary risk level, investment time frame and expected frequency of a negative annual return for a number of our options have also changed and are outlined in the table below. 

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Investment option Before 1 July 2017  After 1 July 2017
Cash 
Suggested time horizon: one year
Suggested time horizon: very short time horizon (less than one year)
Risk labelling: negligible negative years in a 20-year period (Low)
Risk labelling: negligible negative years in a 20-year period (Very low)
Australian Bond Investment objective: CPI over four years
Investment objective: achieve returns (after Fund taxes) in excess of a relevant
government bond index over five years (after adjusting for taxes)
Suggested time horizon: four years
Suggested time horizon: five years
Risk labelling: four negative years in a 20-year period (High)
Risk labelling: two negative years in a 20-year period (Medium)
Conservative Risk labelling: three negative years in a 20-year period (Medium to High)
Risk labelling: two negative years in a 20-year period (Medium)
Strategic asset allocation:
  • Australian shares: 15%
  • International shares: 8.5%
  • Property: 6.5%
  • Cash & Fixed Interest: 70%
 Strategic asset allocation:
  • Australian shares: 15.75%
  • International shares: 9.25%
  • Property: 5.0%
  • Cash & Fixed Interest: 70%
Conservative Balanced
Suggested time horizon: four years
Suggested time horizon: five years
Strategic asset allocation:
  • Australian shares: 23.5%
  • International shares: 16%
  • Property: 10.5%
  • Cash & Fixed Interest: 50%
 Strategic asset allocation:
  • Australian shares: 25%
  • International shares: 17.5%
  • Property: 7.5%
  • Cash & Fixed Interest: 50%
Return target: CPI + 5.1%
Return target: CPI + 4.6%
Balanced (MySuper) Strategic asset allocation:
  • Australian shares: 36%
  • International shares: 20%
  • Property: 9%
  • Infrastructure & Private Equity: 5%
  • Cash & Fixed Interest: 30%
 Strategic asset allocation:
  • Australian shares: 38%
  • International shares: 22%
  • Property: 5%
  • Infrastructure & Private Equity: 5%
  • Cash & Fixed Interest: 30%
Balanced Strategic asset allocation:
  • Australian shares: 36%
  • International shares: 20%
  • Property: 9%
  • Infrastructure & Private Equity: 5%
  • Cash & Fixed Interest: 30%
Strategic asset allocation:
  • Australian shares: 38%
  • International shares: 22%
  • Property: 5%
  • Infrastructure & Private Equity: 5%
  • Cash & Fixed Interest: 30%
Sustainable Balanced Strategic asset allocation:
  • Australian shares: 42%
  • Australian Listed Property: 3.5%
  • International shares: 24.5%
  • Cash & Fixed Interest: 30%
Strategic asset allocation:
  • Australian shares: 45.5%
  • International shares: 24.5%
  • Cash & Fixed Interest: 30%
Growth

Strategic asset allocation:

  • Australian shares: 44%
  • International shares: 26%
  • Property: 10%
  • Infrastructure & Private Equity: 5%
  • Cash & Fixed Interest: 15%

Strategic asset allocation:

  • Australian shares: 46.5%
  • International shares: 28.5%
  • Property: 5%
  • Infrastructure & Private Equity: 5%
  • Cash & Fixed Interest: 15%
High Growth

Strategic asset allocation:

  • Australian shares: 57.5%
  • International shares: 27%
  • Property: 10.5%
  • Infrastructure & Private Equity: 5%

Strategic asset allocation:

  • Australian shares: 56.25%
  • International shares: 33.75%
  • Property: 5%
  • Infrastructure & Private Equity: 5%
Sustainable High Growth

Strategic asset allocation:

  • Australian shares: 60%
  • Australian Listed Property: 5%
  • International Shares: 35%
Strategic asset allocation:
  • Australian shares: 65%
  • International Shares: 35%
Global Environmental Opportunities The Investment fee for the financial year ended 30 June 2017 was estimated to be 0.24%  From 1 July 2017, we anticipate further investment fees including an extra 0.15% per year compared to the previous financial year.
Australian Equity Income Risk labelling: four negative years in a 20-year period (High)
Risk labelling: five negative years in a 20-year period (High)
Global Companies in Asia Risk labelling: six negative years in a 20-year period (Very High)
Risk labelling: five negative years in a 20-year period (High)