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
$230.7 million

Option size1

As at 31 August 2020

Expected frequency of negative annual return
4 to less than 6 in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.44% | Pension: 0.35%

Objective and performance

This 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.

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 Jun 2020
Dividend yield Australian Equity Income yield Outperformance
6.0 6.8 0.8
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 Sep 2020
Timeframe DivYield SuperRatings median performance Outperformance
1 month -3.21 - -
3 months -2.25 - -
Financial year to date -2.25 - -
1 year -12.81 - -
3 years 4.01 - -
5 years 6.13 - -
7 years 6.85 - -
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 21 Oct 2020

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 Jun 2020
Dividend yield Australian Equity Income yield Outperformance
6.0 6.8 0.8
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 Sep 2020
Timeframe DivYield SuperRatings median performance Outperformance
1 month -3.30 - -
3 months -2.18 - -
Financial year to date -2.18 - -
1 year -13.37 - -
3 years 4.74 - -
5 years 7.46 - -
7 years 8.22 - -
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 21 Oct 2020

Allocations

Strategic asset allocation

3
As at 01 October 2020
Asset class Allocation
Australian Shares
100.0%
Income Securities
0.0%

Sector allocation

As at 31 August 2020
Sector Allocation
Financials
39.2%
Industrials
17.0%
Consumer Staples
10.5%
Consumer Discretionary
10.2%
Utilities
8.2%
Real Estate
7.0%
Communication Services
5.8%
Other
2.1%

Major holdings

4

By value (descending order) as at 31 Aug 2020

5
  • ASX Ltd
  • Macquarie Group Ltd
  • Transurban Group
  • Woolworths Group Ltd
  • Wesfarmers Ltd
  • Commonwealth Bank of Australia
  • APA Group
  • Sydney Airport
  • Telstra Corp Ltd
  • National Australia Bank Ltd
  • JB Hi-Fi Ltd
  • Coles Group Ltd
  • Spark Infrastructure Group
  • Insurance Australia Group Ltd
  • Westpac Banking Corp
  • Mirvac Group
  • Amcor PLC
  • Atlas Arteria Ltd
  • ANZ Banking Group
  • Chorus Ltd
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