Suitability and risk

Suits members who want exposure to a range of 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
$8.9 billion

Option size1

As at 29 February 2024

Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.63% | Pension: 0.56%

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 4% p.a. more than inflation (CPI) over the suggested time frame.2

Performance against objective

2
% p.a. over 7 years
As at 31 Mar 2024
CPI + 4% High Growth performance Outperformance
7.2 10.2 3.0
Performance objectives are not promises or predictions of any particular rate of return.

        

        

Performance

2
% p.a.
As at 30 Jun 2024
Timeframe High Growth return
1 month 1.43
3 months 0.48
Financial year to date 12.97
1 year 12.97
3 years 5.66
5 years 8.95
7 years 9.80
10 years 9.92
Periods less than a year are not annualised.

High Growth option performance ($)

2
As at 25 Jul 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 31 Mar 2024
CPI + 4% High Growth performance Outperformance
7.2 11.1 3.9
Performance objectives are not promises or predictions of any particular rate of return.

        

        

Performance

2
% p.a.
As at 30 Jun 2024
Timeframe High Growth return
1 month 1.56
3 months 0.52
Financial year to date 14.37
1 year 14.37
3 years 6.21
5 years 9.74
7 years 10.75
10 years 10.90
Periods less than a year are not annualised.

High Growth option performance ($)

2
As at 25 Jul 2024

Allocations

Strategic asset allocation

3
As at 01 June 2024
Asset class Allocation
International Shares
49.0%
Australian Shares
43.0%
Infrastructure & Private Equity
5.0%
Property
3.0%
Cash & Fixed Interest
0.0%

Major holdings

4

By value (descending order) as at 29 Feb 2024

5
Australian Shares
  • Tribeca Alpha Plus Fund
  • BHP Group Ltd
  • Commonwealth Bank of Australia
  • CSL Ltd
  • National Australia Bank Ltd
  • Rio Tinto Ltd
  • Macquarie Group Ltd
  • Regal Australian Long/Short Fund
  • Wesfarmers Ltd
  • Aristocrat Leisure Ltd
International Shares
  • Microsoft Corporation
  • Apple Inc
  • NVIDIA Corp
  • Amazon.com Inc
  • Alphabet Inc
  • Taiwan Semiconductor Manufacturing Co Ltd
  • Visa Inc
  • ASML Holding NV
  • Broadcom Inc
  • Meta Platforms Inc
Property
  • Quarry Estate Trust
  • Truganina Estate Trust
  • Karrinyup Shopping Centre WA
  • Cawley Road Industrial Trust
  • ISPT Core Property Fund
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