Suitability and risk

Suits members who want exposure to a range of asset classes and are less comfortable with large fluctuations in the value of their investments.

5 years
Suggested minimum investment time frame
Medium
Summary risk level
Pre-Mixed
Option type
$7.9 billion

Option size1

As at 29 February 2024

Expected frequency of negative annual return
Two to less than three in 20 years
Total investment fees and costs and transaction costs (%)
Super 0.53% | Pension 0.46%

Objective and performance

To invest in a diversified portfolio of assets like fixed interest and cash, shares, property, infrastructure and private equity.

Objective

To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 2.0% p.a. more than inflation (CPI) over the suggested time frame.2

Performance against objective

2
% p.a. over 5 years
As at 31 Mar 2024
CPI + 2.0% Conservative Balanced performance Outperformance
5.8 4.9 -0.9
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 30 Apr 2024
Timeframe Conservative Balanced performance SuperRatings median performance Outperformance
1 month -1.25 -1.64 0.39
3 months 1.26 1.29 -0.03
Financial year to date 4.60 5.84 -1.24
1 year 4.47 6.20 -1.73
3 years 4.50 3.63 0.87
5 years 4.40 4.54 -0.14
7 years 4.85 4.94 -0.09
10 years 5.74 5.46 0.28
Periods less than a year are not annualised.

Conservative Balanced option performance ($)

2
As at 20 Jun 2024

Objective

To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 2.0% p.a. more than inflation (CPI) over the suggested time frame.2

Performance against objective

2
% p.a. over 5 years
As at 31 Mar 2024
CPI + 2.0% Conservative Balanced performance Outperformance
5.8 5.5 -0.3
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 30 Apr 2024
Timeframe Conservative Balanced performance SuperRatings median performance Outperformance
1 month -1.40 -1.87 0.47
3 months 1.43 1.38 0.05
Financial year to date 5.23 6.40 -1.17
1 year 5.25 6.86 -1.61
3 years 5.03 4.30 0.73
5 years 4.98 5.08 -0.10
7 years 5.54 5.80 -0.26
10 years 6.59 6.33 0.26
Periods less than a year are not annualised.

Conservative Balanced option performance ($)

2
As at 20 Jun 2024