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
$1.4 billion
Option size1
As at 30 November 2023
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.46% | Pension: 0.38%
Objective and performance
To invest in a diversified portfolio of securities, including but not limited to, Australian shares.#
# From time to time this option may hold non-Australian exposures
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Dec 2023
CPI + 4% | Australian Shares performance | Outperformance |
---|---|---|
7.1 | 10.6 | 3.5 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 Jan 2024
Timeframe | Australian Shares performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 0.82 | 1.09 | -0.27 |
3 months | 12.18 | 12.22 | -0.04 |
Financial year to date | 8.17 | 7.85 | 0.32 |
1 year | 6.39 | 7.02 | -0.63 |
3 years | 10.54 | 9.40 | 1.14 |
5 years | 11.50 | 9.42 | 2.08 |
7 years | 10.85 | 8.59 | 2.26 |
10 years | 9.35 | 8.34 | 1.01 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 18 Mar 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 31 Dec 2023
CPI + 4% | Australian Shares performance | Outperformance |
---|---|---|
7.1 | 12.0 | 4.9 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 Jan 2024
Timeframe | Australian Shares performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 0.91 | 1.13 | -0.22 |
3 months | 13.65 | 13.69 | -0.04 |
Financial year to date | 9.09 | 8.69 | 0.40 |
1 year | 7.79 | 7.79 | 0.00 |
3 years | 11.93 | 10.52 | 1.41 |
5 years | 13.01 | 10.53 | 2.48 |
7 years | 12.33 | 9.73 | 2.60 |
10 years | 10.71 | 9.49 | 1.22 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 18 Mar 2024
Allocations
Strategic asset allocation
3As at 28 September 2023
Asset class | Allocation |
---|---|
Australian Shares
|
100.0% |
Sector allocation
As at 30 November 2023
Sector | Allocation |
---|---|
Materials
|
26.4% |
Financials
|
24.1% |
Consumer Discretionary
|
10.8% |
Health Care
|
8.7% |
Industrials
|
8.1% |
Communication Services
|
5.1% |
Other
|
4.9% |
Real Estate
|
4.5% |
Energy
|
3.8% |
Consumer Staples
|
3.6% |
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