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
$9.4 billion

Option size1

As at 31 August 2024

Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.65% | Pension:  0.58%

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 30 Sep 2024
CPI + 3.5% Growth performance Outperformance
6.7 8.8 2.1
Performance objectives are not promises or predictions of any particular rate of return.

        

        

Performance

2
% p.a.
As at 30 Nov 2024
Timeframe Growth return
1 month 2.82
3 months 4.63
Financial year to date 6.73
1 year 18.50
3 years 6.14
5 years 7.95
7 years 8.61
10 years 9.04
Periods less than a year are not annualised.

Growth option performance ($)

2
As at 23 Dec 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 30 Sep 2024
CPI + 3.5% Growth performance Outperformance
6.7 9.6 2.9
Performance objectives are not promises or predictions of any particular rate of return.

        

        

Performance

2
% p.a.
As at 30 Nov 2024
Timeframe Growth return
1 month 3.12
3 months 5.15
Financial year to date 7.50
1 year 20.19
3 years 6.62
5 years 8.58
7 years 9.40
10 years 9.89
Periods less than a year are not annualised.

Growth option performance ($)

2
As at 23 Dec 2024

Allocations

Strategic asset allocation

3
As at 28 September 2024
Asset class Allocation
International Shares
40.0%
Australian Shares
33.0%
Cash & Fixed Interest
13.0%
Infrastructure & Private Equity
9.0%
Property
5.0%

Major holdings

4

By value (descending order) as at 31 Aug 2024

5
Australian Shares
  • Tribeca Alpha Plus Fund
  • BHP Group Ltd
  • Commonwealth Bank of Australia
  • CSL Ltd
  • National Australia Bank Ltd
  • Regal Aust Small Comp Trust
  • Macquarie Group Ltd
  • Rio Tinto Ltd
  • Wesfarmers Ltd
  • Westpac Banking Corp
International Shares
  • Apple Inc
  • Microsoft Corp
  • NVIDIA Corp
  • Alphabet Inc
  • Amazon.com Inc
  • Broadcom Inc
  • Eli Lilly and Co
  • Meta Platforms Inc
  • Taiwan Semiconductor Manufacturing Co Ltd
  • ASML Holding NV
Property
  • Karrinyup Shopping Centre WA
  • Australian Core Retail Trust
  • ISPT Core Property Fund
  • Brookfield Place NSW
  • Goodman Australia Industrial Partnership
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