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
4 to less than 6 in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.46% | Pension: 0.38%

Objective and performance

The Australian Shares investment option invests in a diversified portfolio of securities (including but not limited to) Australian shares. From time to time this option may hold non-Australian exposures.

Please refer to the PDS for the most up to date investment returns objective information.

Objective

To achieve returns that exceed CPI by 4% over 7 years.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

2
Compare 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 ($)

2
As at 22 Feb 2024

Objective

To achieve returns that exceed CPI by 4% over 7 years.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

2
Compare 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 ($)

2
As at 22 Feb 2024

Allocations

Strategic asset allocation

3
As 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%