Suitability and risk
Suits members who want exposure to a range of mainly higher risk asset classes and are comfortable with the value of their investments fluctuating.
10 years
Suggested minimum investment time frame
Medium to High
Summary risk level
Pre-Mixed
Option type
$43.9 billion
Option size1
As at 30 November 2023
Expected frequency of negative annual return
Three to less than four in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.51% | Pension: 0.44%
Objective and performance
To invest in a diversified portfolio of mainly higher risk assets such as Australian and international shares, property, infrastructure and private equity, with some fixed interest and cash investments.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 3% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 10 years
As at 31 Dec 2023
CPI + 3% | Balanced performance | Outperformance |
---|---|---|
5.6 | 7.8 | 2.2 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 Jan 2024
Timeframe | Balanced performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 0.87 | 1.05 | -0.18 |
3 months | 7.24 | 7.38 | -0.14 |
Financial year to date | 4.53 | 4.94 | -0.41 |
1 year | 7.48 | 7.88 | -0.40 |
3 years | 5.92 | 6.03 | -0.11 |
5 years | 7.59 | 6.76 | 0.83 |
7 years | 7.72 | 6.82 | 0.90 |
10 years | 7.95 | 7.02 | 0.93 |
Periods less than a year are not annualised.
Balanced option performance ($)
2As at 18 Mar 2024
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 3% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 10 years
As at 31 Dec 2023
CPI + 3% | Balanced performance | Outperformance |
---|---|---|
5.6 | 8.6 | 3.0 |
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 | Balanced performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 0.98 | 1.15 | -0.17 |
3 months | 8.16 | 8.38 | -0.22 |
Financial year to date | 5.10 | 5.57 | -0.47 |
1 year | 8.53 | 8.64 | -0.11 |
3 years | 6.44 | 6.63 | -0.19 |
5 years | 8.40 | 7.53 | 0.87 |
7 years | 8.56 | 7.59 | 0.97 |
10 years | 8.86 | 7.72 | 1.14 |
Periods less than a year are not annualised.
Balanced option performance ($)
2As at 18 Mar 2024
Allocations
Strategic asset allocation
3As at 28 September 2023
Asset class | Allocation |
---|---|
International Shares
|
30.0% |
Cash & Fixed Interest
|
28.0% |
Australian Shares
|
28.0% |
Infrastructure & Private Equity
|
11.0% |
Property
|
3.0% |
Australian Shares
- BHP Group Ltd
- Transurban Group
- Commonwealth Bank of Australia
- National Australia Bank Ltd
- Rio Tinto Ltd
- CSL Ltd
- Scentre Group
- GPT Group
- Macquarie Group Ltd
- Wesfarmers Ltd
International Shares
- Microsoft Corporation
- Apple Inc
- Alphabet Inc
- NVIDIA Corp
- Aena SME SA
- Amazon.com Inc
- Visa Inc
- Taiwan Semiconductor Manufacturing Co Ltd
- Mastercard Inc
- Meta Platforms Inc
Property
- Karrinyup Shopping Centre WA
- Quarry Estate Trust
- ISPT Core Property Fund
- Australian Core Retail Trust
- Truganina Estate Trust