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
$7.9 billion
Option size1
As at 31 May 2024
Expected frequency of negative annual return
Two to less than three in 20 years
Total investment fees and costs and transaction costs (%)
Super 0.53% | Pension 0.46%
Objective and performance
To invest in a diversified portfolio of assets like fixed interest and cash, shares, property, infrastructure and private equity.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 2.0% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 5 years
As at 30 Jun 2024
| CPI + 2.0% | Conservative Balanced performance | Outperformance |
|---|---|---|
| 5.9 | 4.1 | -1.8 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Jul 2024
| Timeframe | Conservative Balanced return |
|---|---|
| 1 month | 1.47 |
| 3 months | 3.32 |
| Financial year to date | 1.47 |
| 1 year | 7.22 |
| 3 years | 4.36 |
| 5 years | 4.18 |
| 7 years | 5.31 |
| 10 years | 5.79 |
Periods less than a year are not annualised.
Conservative Balanced option performance ($)
2As at 17 Sep 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 30 Jun 2024
| CPI + 2.0% | Conservative Balanced performance | Outperformance |
|---|---|---|
| 5.9 | 4.7 | -1.2 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Jul 2024
| Timeframe | Conservative Balanced return |
|---|---|
| 1 month | 1.66 |
| 3 months | 3.57 |
| Financial year to date | 1.66 |
| 1 year | 8.02 |
| 3 years | 4.88 |
| 5 years | 4.73 |
| 7 years | 6.06 |
| 10 years | 6.61 |
Periods less than a year are not annualised.
Conservative Balanced option performance ($)
2As at 17 Sep 2024