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
$1.6 billion
Option size1
As at 30 June 2024
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.64% | Pension: 0.57%
Objective and performance
To invest in a diversified portfolio of securities, including but not limited to, Australian shares.#
# From time to time this option may hold non-Australian exposures
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 30 Sep 2024
| CPI + 4% | Australian Shares performance | Outperformance |
|---|---|---|
| 7.2 | 11.6 | 4.4 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Oct 2024
| Timeframe | Australian Shares return |
|---|---|
| 1 month | -1.12 |
| 3 months | 2.63 |
| Financial year to date | 6.29 |
| 1 year | 23.39 |
| 3 years | 8.76 |
| 5 years | 9.98 |
| 7 years | 10.78 |
| 10 years | 9.45 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 05 Dec 2024
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 30 Sep 2024
| CPI + 4% | Australian Shares performance | Outperformance |
|---|---|---|
| 7.2 | 13.3 | 6.1 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Oct 2024
| Timeframe | Australian Shares return |
|---|---|
| 1 month | -1.23 |
| 3 months | 2.96 |
| Financial year to date | 7.07 |
| 1 year | 26.89 |
| 3 years | 10.22 |
| 5 years | 11.34 |
| 7 years | 12.36 |
| 10 years | 10.90 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 05 Dec 2024