Suitability and risk

Suits members who want to invest in a specific asset class 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
Sector
Option type
$750.3 million

Option size1

As at 30 November 2023

Expected frequency of negative annual return
3 to less than 4 in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.14% | Pension: 0.14%

 

Objective and performance

The Australian Bond investment option predominantly invests in securities (including but not limited to those) issued or guaranteed by the Australian (Federal and State) Governments and cash.

Please refer to the PDS for the most up to date investment returns objective information.

Objective

To achieve returns that match the relevant government bond index (before fees and taxes) over 5 years.2

Performance against objective

2
% p.a. over 5 years
As at 31 Dec 2023
Bond index Australian Bond performance Outperformance
0.5 0.5 0.0
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 31 Jan 2024
Timeframe Australian Bond performance SuperRatings median performance Outperformance
1 month 0.15 - -
3 months 5.44 - -
Financial year to date 3.03 - -
1 year 1.82 - -
3 years -2.40 - -
5 years 0.39 - -
7 years 1.28 - -
10 years 2.11 - -
Periods less than a year are not annualised. Some performance data are not yet available for this option.

Australian Bond option performance ($)

2
As at 28 Feb 2024

Objective

To achieve returns that match the relevant government bond index (before fees and taxes) over 5 years.2

Performance against objective

2
% p.a. over 5 years
As at 31 Dec 2023
Bond index Australian Bond performance Outperformance
0.5 0.5 0.0
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 31 Jan 2024
Timeframe Australian Bond performance SuperRatings median performance Outperformance
1 month 0.18 - -
3 months 6.52 - -
Financial year to date 3.62 - -
1 year 2.15 - -
3 years -2.81 - -
5 years 0.44 - -
7 years 1.53 - -
10 years 2.55 - -
Periods less than a year are not annualised. Some performance data are not yet available for this option.

Australian Bond option performance ($)

2
As at 28 Feb 2024

Allocations

Strategic asset allocation

3
As at 28 September 2023
Asset class Allocation
Australian Bonds
100.0%

Sector allocation

As at 30 November 2023
Sector Allocation (%)
Australian Government and Government Guaranteed
52.1%
State & Territory Government
38.1%
Cash and Derivatives
9.8%