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
$386.5 million

Option size1

As at 30 June 2024

Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.42% | Pension: 0.35%

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 Sep 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 Oct 2024
Timeframe Australian Dividend Income return
1 month -0.21
3 months 1.36
Financial year to date 6.51
1 year 23.15
3 years 8.81
5 years 7.32
7 years 8.70
10 years 8.42
Periods less than a year are not annualised.

Australian Dividend Income option performance ($)

2
As at 05 Dec 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 Sep 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 Oct 2024
Timeframe Australian Dividend Income return
1 month -0.22
3 months 1.56
Financial year to date 7.46
1 year 25.69
3 years 9.64
5 years 7.96
7 years 9.54
10 years 9.61
Periods less than a year are not annualised.

Australian Dividend Income option performance ($)

2
As at 05 Dec 2024

Allocations

Strategic asset allocation

3
As at 28 September 2024
Asset class Allocation
Australian Shares
100.0%
Income Securities
0.0%

Sector allocation

As at 30 June 2024
Sector Allocation
Financials
46.8%
Consumer Discretionary
10.3%
Consumer Staples
9.5%
Health Care
9.2%
Communication Services
7.5%
Real Estate
7.3%
Industrials
6.1%
Utilities
2.8%
Materials
0.4%

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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