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
$7.6 billion
Option size1
As at 30 November 2023
Expected frequency of negative annual return
Two to less than three in 20 years
Total investment fees and costs and transaction costs (%)
Super 0.53% | Pension 0.46%
Objective and performance
To invest in a diversified portfolio of assets like fixed interest and cash, shares, property, infrastructure and private equity.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 2.0% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 5 years
As at 31 Dec 2023
CPI + 2.0% | Conservative Balanced performance | Outperformance |
---|---|---|
5.6 | 5.1 | -0.5 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 Jan 2024
Timeframe | Conservative Balanced performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 0.71 | 0.78 | -0.07 |
3 months | 4.90 | 6.85 | -1.95 |
Financial year to date | 3.30 | 4.61 | -1.31 |
1 year | 4.85 | 6.72 | -1.87 |
3 years | 4.78 | 4.38 | 0.40 |
5 years | 4.92 | 5.06 | -0.14 |
7 years | 5.23 | 5.23 | 0.00 |
10 years | 5.89 | 5.60 | 0.29 |
Periods less than a year are not annualised.
Conservative Balanced option performance ($)
2As at 18 Mar 2024
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 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 Dec 2023
CPI + 2.0% | Conservative Balanced performance | Outperformance |
---|---|---|
5.6 | 5.8 | 0.2 |
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 | Conservative Balanced performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 0.80 | 0.85 | -0.05 |
3 months | 5.55 | 6.89 | -1.34 |
Financial year to date | 3.75 | 4.84 | -1.09 |
1 year | 5.68 | 7.16 | -1.48 |
3 years | 5.35 | 5.06 | 0.29 |
5 years | 5.59 | 5.75 | -0.16 |
7 years | 5.99 | 6.06 | -0.07 |
10 years | 6.75 | 6.34 | 0.41 |
Periods less than a year are not annualised.
Conservative Balanced option performance ($)
2As at 18 Mar 2024
Allocations
Strategic asset allocation
3As at 28 September 2023
Asset class | Allocation |
---|---|
Cash & Fixed Interest
|
46.0% |
Australian Shares
|
19.0% |
International Shares
|
17.0% |
Property
|
9.0% |
Infrastructure & Private Equity
|
9.0% |
Australian Shares
- Commonwealth Bank of Australia
- National Australia Bank Ltd
- BHP Group Ltd
- Westpac Banking Corp
- Transurban Group
- ASX Ltd
- Rio Tinto Ltd
- CSL Ltd
- Macquarie Group Ltd
- Wesfarmers Ltd
International Shares
- Microsoft Corporation
- National Grid PLC
- Apple Inc
- Alphabet Inc
- Amazon.com Inc
- NVIDIA Corp
- Dominion Energy Inc
- Johnson & Johnson
- Broadcom Inc
- Visa Inc
Property
- Karrinyup Shopping Centre WA
- ISPT Core Property Fund
- Australian Core Retail Trust
- Brookfield Place NSW
- Mirvac Wholesale Office Fund