Suitability and risk
Suits members who want exposure to a range of mainly higher risk asset classes and are comfortable with the value of their investments fluctuating.
7 years
Suggested minimum investment time frame
High
Summary risk level
Pre-Mixed
Option type
$8.0 billion
Option size1
As at 30 November 2023
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.66% | Pension: 0.59%
Objective and performance
To invest in a diversified portfolio of mainly higher risk assets such as Australian and international shares, property, infrastructure and private equity, with some fixed interest and cash investments.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 3.5% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Dec 2023
CPI + 3.5% | Growth performance | Outperformance |
---|---|---|
6.6 | 8.4 | 1.8 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 Jan 2024
Timeframe | Growth performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 1.22 | 1.38 | -0.16 |
3 months | 8.49 | 8.58 | -0.09 |
Financial year to date | 5.26 | 5.84 | -0.58 |
1 year | 8.46 | 9.36 | -0.90 |
3 years | 6.09 | 7.23 | -1.14 |
5 years | 8.55 | 8.08 | 0.47 |
7 years | 8.65 | 8.01 | 0.64 |
10 years | 8.64 | 7.98 | 0.66 |
Periods less than a year are not annualised.
Growth option performance ($)
2As at 18 Mar 2024
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 3.5% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Dec 2023
CPI + 3.5% | Growth performance | Outperformance |
---|---|---|
6.6 | 9.2 | 2.6 |
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 | Growth performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 1.34 | 1.49 | -0.15 |
3 months | 9.42 | 9.17 | 0.25 |
Financial year to date | 5.83 | 6.14 | -0.31 |
1 year | 9.56 | 10.16 | -0.60 |
3 years | 6.56 | 7.83 | -1.27 |
5 years | 9.35 | 8.94 | 0.41 |
7 years | 9.43 | 8.97 | 0.46 |
10 years | 9.50 | 8.93 | 0.57 |
Periods less than a year are not annualised.
Growth option performance ($)
2As at 18 Mar 2024
Allocations
Strategic asset allocation
3As at 28 September 2023
Asset class | Allocation |
---|---|
International Shares
|
40.0% |
Australian Shares
|
34.0% |
Cash & Fixed Interest
|
14.0% |
Infrastructure & Private Equity
|
9.0% |
Property
|
3.0% |
Australian Shares
- Tribeca Alpha Plus Fund
- BHP Group Ltd
- Commonwealth Bank of Australia
- CSL Ltd
- Rio Tinto Ltd
- National Australia Bank Ltd
- Macquarie Group Ltd
- Wesfarmers Ltd
- Transurban Group
- Aristocrat Leisure Ltd
International Shares
- Microsoft Corporation
- Apple Inc
- NVIDIA Corp
- Alphabet Inc
- Amazon.com Inc
- Meta Platforms Inc
- Visa Inc
- Taiwan Semiconductor Manufacturing Co Ltd
- Unitedhealth Group Inc
- Aena SME SA
Property
- Karrinyup Shopping Centre WA
- ISPT Core Property Fund
- Australian Core Retail Trust
- Brookfield Place NSW
- Mirvac Wholesale Office Fund