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
$391.4 million

Option size1

As at 29 February 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 31 Mar 2024
Dividend yield Australian Dividend Income yield Outperformance
5.6 6.2 0.6
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 30 Apr 2024
Timeframe Australian Dividend Income performance SuperRatings median performance Outperformance
1 month -2.74 - -
3 months 0.34 - -
Financial year to date 7.16 - -
1 year 6.06 - -
3 years 8.57 - -
5 years 7.28 - -
7 years 7.12 - -
10 years 7.93 - -
Periods less than a year are not annualised. Some performance data are not yet available for this option.

Australian Dividend Income option performance ($)

2
As at 20 Jun 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 31 Mar 2024
Dividend yield Australian Dividend Income yield Outperformance
5.6 6.2 0.6
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 30 Apr 2024
Timeframe Australian Dividend Income performance SuperRatings median performance Outperformance
1 month -3.05 - -
3 months 0.36 - -
Financial year to date 7.97 - -
1 year 6.97 - -
3 years 9.27 - -
5 years 7.90 - -
7 years 7.88 - -
10 years 9.16 - -
Periods less than a year are not annualised. Some performance data are not yet available for this option.

Australian Dividend Income option performance ($)

2
As at 20 Jun 2024

Allocations

Strategic asset allocation

3
As at 01 June 2024
Asset class Allocation
Australian Shares
100.0%
Income Securities
0.0%

Sector allocation

As at 29 February 2024
Sector Allocation
Financials
38.3%
Materials
16.4%
Consumer Discretionary
11.6%
Consumer Staples
8.8%
Communication Services
6.8%
Industrials
6.4%
Real Estate
6.4%
Utilities
2.8%
Health Care
2.5%

Major holdings

4

By value (descending order) as at 31 Dec 2023

5
  • 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
X
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