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 29 February 2024

Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.46% | 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 Mar 2024
CPI + 4% Australian Shares performance Outperformance
7.2 11.0 3.8
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 31 May 2024
Timeframe Australian Shares performance SuperRatings median performance Outperformance
1 month 0.76 0.71 0.05
3 months 1.67 1.16 0.51
Financial year to date 11.77 10.24 1.53
1 year 13.25 12.00 1.25
3 years 8.11 6.99 1.12
5 years 10.14 7.94 2.20
7 years 10.78 8.39 2.39
10 years 8.94 7.85 1.09
Periods less than a year are not annualised.

Australian Shares option performance ($)

2
As at 14 Jul 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 Mar 2024
CPI + 4% Australian Shares performance Outperformance
7.2 12.4 5.2
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 31 May 2024
Timeframe Australian Shares performance SuperRatings median performance Outperformance
1 month 0.84 0.70 0.14
3 months 1.84 1.33 0.51
Financial year to date 13.09 11.76 1.33
1 year 15.54 13.48 2.06
3 years 9.27 7.81 1.46
5 years 11.48 9.03 2.45
7 years 12.22 9.60 2.62
10 years 10.32 9.02 1.30
Periods less than a year are not annualised.

Australian Shares option performance ($)

2
As at 14 Jul 2024