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 to high
Summary risk level
Pre-Mixed
Option type
$8.1 billion
Option size1
As at 31 August 2024
Expected frequency of negative annual return
Three to less than four in 20 years
Total investment fees and costs and transaction costs (%)
Super 0.52% | Pension 0.45%
Objective and performance
To invest in a diversified portfolio of assets like fixed interest and cash, shares, property, infrastructure and private equity.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 2.0% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 5 years
As at 30 Sep 2024
| CPI + 2.0% | Conservative Balanced performance | Outperformance |
|---|---|---|
| 5.8 | 4.3 | -1.5 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Dec 2024
| Timeframe | Conservative Balanced return |
|---|---|
| 1 month | 0.32 |
| 3 months | 2.32 |
| Financial year to date | 4.80 |
| 1 year | 8.82 |
| 3 years | 4.42 |
| 5 years | 4.60 |
| 7 years | 5.24 |
| 10 years | 5.68 |
Periods less than a year are not annualised.
Conservative Balanced option performance ($)
2As at 22 Jan 2025
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 30 Sep 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
2% p.a.
As at 31 Dec 2024
| Timeframe | Conservative Balanced return |
|---|---|
| 1 month | 0.36 |
| 3 months | 2.62 |
| Financial year to date | 5.44 |
| 1 year | 9.83 |
| 3 years | 4.96 |
| 5 years | 5.18 |
| 7 years | 5.96 |
| 10 years | 6.47 |
Periods less than a year are not annualised.
Conservative Balanced option performance ($)
2As at 22 Jan 2025