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
$292.8 million

Option size1

As at 30 November 2021

Expected frequency of negative annual return
4 to less than 6 in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.41% | Pension: 0.34%

Objective and performance

The Australian Equity Income investment option invests in a portfolio of securities (including but not limited to) Australian shares and up to 30% in Australian income securities such as credit and debt securities, hybrid and Australian high yield credit instruments that are expected to be high yielding. From time to time this option may hold non-Australian exposures.

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

Objective

To achieve a gross yield which exceeds the dividend yield of the Australian equity market and provide potential for capital growth over 7 years2

Performance against objective

2
% p.a. over 7 years
As at 30 Sep 2021
Dividend yield Australian Equity Income yield Outperformance
5.7 6.4 0.7
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 Nov 2021
Timeframe DivYield SuperRatings median performance Outperformance
1 month 1.24 - -
3 months 0.13 - -
Financial year to date 6.05 - -
1 year 17.66 - -
3 years 11.24 - -
5 years 9.14 - -
7 years 8.78 - -
10 years - - -
Periods less than a year are not annualised. Some performance data are not yet available for this option.

Australian Equity Income option performance ($)

2
As at 17 Jan 2022

Objective

To achieve a gross yield which exceeds the dividend yield of the Australian equity market and provide potential for capital growth over 7 years2

Performance against objective

2
% p.a. over 7 years
As at 30 Sep 2021
Dividend yield Australian Equity Income yield Outperformance
5.7 6.4 0.7
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 Nov 2021
Timeframe DivYield SuperRatings median performance Outperformance
1 month 1.35 - -
3 months -0.02 - -
Financial year to date 6.61 - -
1 year 18.88 - -
3 years 12.17 - -
5 years 10.31 - -
7 years 10.16 - -
10 years - - -
Periods less than a year are not annualised. Some performance data are not yet available for this option.

Australian Equity Income option performance ($)

2
As at 17 Jan 2022

Allocations

Strategic asset allocation

3
As at 01 November 2021
Asset class Allocation
Australian Shares
100.0%
Income Securities
0.0%

Sector allocation

As at 30 November 2021
Sector Allocation
Consumer Staples
8.8%
Communication Services
6.1%
Other
3.5%
Financials
42.0%
Industrials
11.1%
Materials
10.2%
Real Estate
9.2%
Consumer Discretionary
9.1%

Major holdings

4

By value (descending order) as at 30 Nov 2021

5
  • Macquarie Group Ltd
  • BHP Group Ltd
  • ASX Ltd
  • Transurban Group
  • Wesfarmers Ltd
  • Commonwealth Bank of Australia
  • National Australia Bank Ltd
  • Woolworths Group Ltd
  • Telstra Corp Ltd
  • Westpac Banking Corp
  • APA Group
  • ANZ Banking Group
  • Coles Group Ltd
  • Insurance Australia Group Ltd
  • Scentre Group
  • Mirvac Group
  • Amcor PLC
  • JB Hi-Fi Ltd
  • Goodman Group
  • GPT Group
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