Suitability and risk
Suits members who want to invest in a specific asset class and are comfortable with the value of their investments fluctuating.
7 years
Suggested minimum investment time frame
Very high
Summary risk level
Sector
Option type
$1.5 billion
Option size1
As at 30 June 2024
Expected frequency of negative annual return
Six or greater in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.36% | Pension: 0.29%
Objective and performance
To invest in a diversified portfolio of assets, including but not limited to, international and some Australian securities, and infrastructure and private equity assets (which may include development assets), whose business activities seek to address current and emerging environmental issues and opportunities. Refer to the ‘How we manage your investments’ section of How we invest your money (PDF, 601KB) for more information.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 30 Sep 2024
CPI + 4% | Global Environmental Opportunities performance | Outperformance |
---|---|---|
7.2 | 8.1 | 0.9 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Oct 2024
Timeframe | Global Environmental Opportunities return |
---|---|
1 month | -1.51 |
3 months | 2.08 |
Financial year to date | 7.34 |
1 year | 10.16 |
3 years | -8.06 |
5 years | 6.90 |
7 years | 7.04 |
10 years | 8.95 |
Periods less than a year are not annualised.
Global Environmental Opportunities option performance ($)
2As at 05 Dec 2024
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 30 Sep 2024
CPI + 4% | Global Environmental Opportunities performance | Outperformance |
---|---|---|
7.2 | 8.6 | 1.4 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Oct 2024
Timeframe | Global Environmental Opportunities return |
---|---|
1 month | -1.70 |
3 months | 2.38 |
Financial year to date | 8.42 |
1 year | 11.23 |
3 years | -9.13 |
5 years | 7.28 |
7 years | 7.48 |
10 years | 9.66 |
Periods less than a year are not annualised.
Global Environmental Opportunities option performance ($)
2As at 05 Dec 2024
Allocations
Strategic asset allocation
3As at 28 September 2024
Asset class | Allocation |
---|---|
International Shares
|
95.0% |
Private equity
|
5.0% |
Regional allocation
As at 30 June 2024
Region | Allocation |
---|---|
USA
|
41.9% |
Asia ex Japan
|
23.6% |
Europe
|
21.5% |
Australia
|
5.8% |
Japan
|
5.4% |
Other Developed
|
1.8% |
- Tesla Inc
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- Contemporary Amperex Technology Co Ltd
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- BYD Co Ltd
- Enphase Energy Inc
- Alexandria Real Estate Equities Inc
- Vestas Wind Systems A/S
- Cleanaway Waste Management Ltd
- Schneider Electric SE