This dashboard is for Accumulation 1, Accumulation 2 or Spouse Account members with any part of their account invested in our Balanced
option. This is not for DBD or Pension members invested in the Balanced option. All information is based on a member with an assumed
balance of $50,000 with no activity fees. Different account balances will have an effect on returns, return targets and fees and costs.
If you'd like a copy of this dashboard for your records, you can download our MySuper dashboard PDF.
| Return Target
|
CPI + 5.1% p.a. over 10 years
|
| Return for years ending 30 June# |
| 2016 |
5.70 % |
| 2015 |
10.79% |
| 2014 |
13.65 % |
| 2013 |
15.65 % |
| 2012 |
1.44 % |
| 2011 |
8.64 % |
| 2010 |
9.33 % |
| 2009 |
-9.30 % |
| 2008 |
-6.20 % |
| 2007 |
14.75 % |
Return (moving average over last 10 years to 30 June 2016)
6.12%
Statement of fees and other costs
$346 p.a.
Level of investment risk – High
Negative returns expected in four in
20 years.*
About the return target
The return target for the Balanced (MySuper) option has been
calculated in accordance with requirements that apply to MySuper.
It is the average of the expected returns, based on long-run return
assumptions.
The investment strategies for the Balanced (MySuper) option and
the Balanced option are the same. However, the return target for
the Balanced (MySuper) option appears higher than the investment
objective for the Balanced option because it has been calculated
differently.
This does not mean that we are aiming for the Balanced (MySuper)
option to have higher returns, or that it has a riskier investment
strategy.
Statistically, we have a higher level of confidence in achieving the
investment objective for the Balanced option (CPI + 3% p.a. over
10 years) than the above return target.
About the return data
On 30 November 2013 we implemented MySuper. Historical
returns are based on our Balanced option and are calculated in
accordance with MySuper requirements, showing returns minus
various fees, costs and taxes. Historically, returns were calculated
using a different methodology. Actual returns received by members
will depend on the timing of transactions within their account.
About the comparison-of-returns graph
Return targets are a relatively new requirement, meaning we did not calculate a return target prior to November 2013. For 2013/14, the return target was CPI + 4.8% and the graph assumes the same CPI+ 4.8% return target applied in earlier years. Fluctuations in the return target reflect past fluctuations in CPI.