Suitability and risk
Suits members who want to invest in a specific asset class and are comfortable with the value of their investments fluctuating.
7 years
Suggested minimum investment time frame
High
Summary risk level
Sector
Option type
$376.1 million
Option size1
As at 31 May 2024
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.40% | Pension: 0.33%
Objective and performance
To invest in a portfolio of securities, including but not limited to, Australian shares and up to 30% in income securities (i.e. not ordinary shares, such as debt securities), that are expected to be high yielding. From time to time this option may hold non-Australian exposures.
Objective
To achieve a gross yield which exceeds the dividend yield of the Australian equity market, and provide potential for capital growth over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 30 Jun 2024
| Dividend yield | Australian Dividend Income yield | Outperformance |
|---|---|---|
| 5.5 | 6.1 | 0.6 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Jul 2024
| Timeframe | Australian Dividend Income return |
|---|---|
| 1 month | 5.09 |
| 3 months | 8.85 |
| Financial year to date | 5.09 |
| 1 year | 14.65 |
| 3 years | 9.42 |
| 5 years | 7.00 |
| 7 years | 8.82 |
| 10 years | 8.38 |
Periods less than a year are not annualised.
Australian Dividend Income option performance ($)
2As at 17 Sep 2024
Objective
To achieve a gross yield which exceeds the dividend yield of the Australian equity market, and provide potential for capital growth over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 30 Jun 2024
| Dividend yield | Australian Dividend Income yield | Outperformance |
|---|---|---|
| 5.5 | 6.1 | 0.6 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Jul 2024
| Timeframe | Australian Dividend Income return |
|---|---|
| 1 month | 5.81 |
| 3 months | 9.46 |
| Financial year to date | 5.81 |
| 1 year | 15.92 |
| 3 years | 10.25 |
| 5 years | 7.67 |
| 7 years | 9.72 |
| 10 years | 9.60 |
Periods less than a year are not annualised.
Australian Dividend Income option performance ($)
2As at 17 Sep 2024
Allocations
Strategic asset allocation
3As at 01 June 2024
| Asset class | Allocation |
|---|---|
|
Australian Shares
|
100.0% |
|
Income Securities
|
0.0% |
Sector allocation
As at 31 May 2024
| Sector | Allocation |
|---|---|
|
Financials
|
39.4% |
|
Materials
|
15.7% |
|
Consumer Discretionary
|
11.2% |
|
Consumer Staples
|
8.5% |
|
Real Estate
|
7.1% |
|
Communication Services
|
6.9% |
|
Industrials
|
6.2% |
|
Utilities
|
2.9% |
|
Health Care
|
2.1% |
- BHP Group Ltd
- Commonwealth Bank of Australia
- Wesfarmers Ltd
- National Australia Bank Ltd
- Macquarie Group Ltd
- Woolworths Group Ltd
- Telstra Group Ltd
- ASX Ltd
- Rio Tinto Ltd
- Transurban Group