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.
10 years
Suggested minimum investment time frame
Medium to High
Summary risk level
Pre-Mixed
Option type
$47.3 billion
Option size1
As at 29 February 2024
Expected frequency of negative annual return
Three to less than four in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.51% | Pension: 0.44%
Objective and performance
To invest in a diversified portfolio of mainly higher risk assets such as Australian and international shares, property, infrastructure and private equity, with some fixed interest and cash investments.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 3% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 10 years
As at 31 Mar 2024
CPI + 3% | Balanced performance | Outperformance |
---|---|---|
5.7 | 8.1 | 2.4 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Jun 2024
Timeframe | Balanced return |
---|---|
1 month | 1.54 |
3 months | 0.71 |
Financial year to date | 9.24 |
1 year | 9.24 |
3 years | 4.92 |
5 years | 6.50 |
7 years | 7.54 |
10 years | 7.92 |
Periods less than a year are not annualised.
Balanced option performance ($)
2As at 25 Jul 2024
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 3% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 10 years
As at 31 Mar 2024
CPI + 3% | Balanced performance | Outperformance |
---|---|---|
5.7 | 9.0 | 3.3 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Jun 2024
Timeframe | Balanced return |
---|---|
1 month | 1.62 |
3 months | 0.70 |
Financial year to date | 10.30 |
1 year | 10.30 |
3 years | 5.41 |
5 years | 7.17 |
7 years | 8.39 |
10 years | 8.83 |
Periods less than a year are not annualised.
Balanced option performance ($)
2As at 25 Jul 2024
Allocations
Strategic asset allocation
3As at 01 June 2024
Asset class | Allocation |
---|---|
International Shares
|
30.0% |
Cash & Fixed Interest
|
28.0% |
Australian Shares
|
28.0% |
Infrastructure & Private Equity
|
11.0% |
Property
|
3.0% |
Australian Shares
- BHP Group Ltd
- Transurban Group
- Commonwealth Bank of Australia
- Rio Tinto Ltd
- CSL Ltd
- Scentre Group
- National Australia Bank Ltd
- GPT Group
- Macquarie Group Ltd
- Wesfarmers Ltd
International Shares
- Microsoft Corporation
- Apple Inc
- NVIDIA Corp
- Aena SME SA
- Alphabet Inc
- Amazon.com Inc
- JPMorgan Chase & Co
- Broadcom Inc
- Meta Platforms Inc
- Visa Inc
Property
- Karrinyup Shopping Centre WA
- Quarry Estate Trust
- Truganina Estate Trust
- Australian Core Retail Trust
- ISPT Core Property Fund