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
$1.5 billion
Option size1
As at 31 December 2023
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.46% | Pension: 0.38%
Objective and performance
To invest in a diversified portfolio of securities, including but not limited to, Australian shares.#
# From time to time this option may hold non-Australian exposures
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Dec 2023
CPI + 4% | Australian Shares performance | Outperformance |
---|---|---|
7.1 | 10.6 | 3.5 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 29 Feb 2024
Timeframe | Australian Shares performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 1.63 | 1.03 | 0.60 |
3 months | 8.94 | 8.70 | 0.24 |
Financial year to date | 9.93 | 9.10 | 0.83 |
1 year | 10.83 | 10.40 | 0.43 |
3 years | 10.36 | 9.17 | 1.19 |
5 years | 10.58 | 8.60 | 1.98 |
7 years | 10.94 | 8.53 | 2.41 |
10 years | 9.06 | 7.98 | 1.08 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 18 Apr 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 29 Feb 2024
Timeframe | Australian Shares performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 1.80 | 1.16 | 0.64 |
3 months | 9.96 | 9.47 | 0.49 |
Financial year to date | 11.05 | 10.14 | 0.91 |
1 year | 12.81 | 11.53 | 1.28 |
3 years | 11.74 | 10.25 | 1.49 |
5 years | 12.00 | 9.71 | 2.29 |
7 years | 12.43 | 9.79 | 2.64 |
10 years | 10.39 | 9.09 | 1.30 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 18 Apr 2024
Allocations
Strategic asset allocation
3As at 28 September 2023
Asset class | Allocation |
---|---|
Australian Shares
|
100.0% |
Sector allocation
As at 31 December 2023
Sector | Allocation |
---|---|
Materials
|
27.0% |
Financials
|
23.7% |
Consumer Discretionary
|
10.5% |
Health Care
|
8.8% |
Industrials
|
8.0% |
Communication Services
|
5.0% |
Real Estate
|
4.5% |
Energy
|
3.9% |
Information Technology
|
3.7% |
Consumer Staples
|
3.6% |
Utilities
|
1.3% |
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