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
$758.5 million

Option size1

As at 29 February 2024

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

 

Objective and performance

To predominantly invest in securities (including but not limited to securities) issued or guaranteed by the Australian (Federal and State) governments and cash.

Objective

To achieve returns that match the relevant bond index (before fees and taxes) over the suggested time frame.2

Performance against objective

2
% p.a. over 5 years
As at 31 Mar 2024
Bond index Australian Bond performance Outperformance
0.0 0.0 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 May 2024
Timeframe Australian Bond performance SuperRatings median performance Outperformance
1 month 0.27 - -
3 months -0.66 - -
Financial year to date 2.01 - -
1 year 0.13 - -
3 years -2.06 - -
5 years -0.67 - -
7 years 0.82 - -
10 years 1.78 - -
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 14 Jul 2024

Objective

To achieve returns that match the relevant bond index (before fees and taxes) over the suggested time frame.2

Performance against objective

2
% p.a. over 5 years
As at 31 Mar 2024
Bond index Australian Bond performance Outperformance
-0.1 0.0 0.1
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 May 2024
Timeframe Australian Bond performance SuperRatings median performance Outperformance
1 month 0.32 - -
3 months -0.79 - -
Financial year to date 2.40 - -
1 year 0.15 - -
3 years -2.44 - -
5 years -0.80 - -
7 years 0.99 - -
10 years 2.15 - -
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 14 Jul 2024