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
$9.0 billion

Option size1

As at 31 March 2024

Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.66% | 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 30 Jun 2024
CPI + 3.5% Growth performance Outperformance
6.8 8.6 1.8
Performance objectives are not promises or predictions of any particular rate of return.

        

        

Performance

2
% p.a.
As at 31 Jul 2024
Timeframe Growth return
1 month 2.10
3 months 5.09
Financial year to date 2.10
1 year 12.43
3 years 5.32
5 years 7.90
7 years 8.92
10 years 8.81
Periods less than a year are not annualised.

Growth option performance ($)

2
As at 29 Aug 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 Jun 2024
CPI + 3.5% Growth performance Outperformance
6.8 9.3 2.5
Performance objectives are not promises or predictions of any particular rate of return.

        

        

Performance

2
% p.a.
As at 31 Jul 2024
Timeframe Growth return
1 month 2.33
3 months 5.25
Financial year to date 2.33
1 year 13.38
3 years 5.68
5 years 8.55
7 years 9.74
10 years 9.65
Periods less than a year are not annualised.

Growth option performance ($)

2
As at 29 Aug 2024

Allocations

Strategic asset allocation

3
As at 01 June 2024
Asset class Allocation
International Shares
40.0%
Australian Shares
34.0%
Cash & Fixed Interest
14.0%
Infrastructure & Private Equity
9.0%
Property
3.0%

Major holdings

4

By value (descending order) as at 31 Mar 2024

5
Australian Shares
  • Tribeca Alpha Plus Fund
  • BHP Group Ltd
  • Commonwealth Bank of Australia
  • CSL Ltd
  • National Australia Bank Ltd
  • Regal Australian Long/Short Fund
  • Rio Tinto Ltd
  • Macquarie Group Ltd
  • Wesfarmers Ltd
  • Goodman Group
International Shares
  • Microsoft Corporation
  • NVIDIA Corp
  • Apple Inc
  • Alphabet Inc
  • Amazon.com Inc
  • ASML Holding NV
  • Meta Platforms Inc
  • Taiwan Semiconductor Manufacturing Co Ltd
  • Visa Inc
  • Eli Lilly and Co
Property
  • Karrinyup Shopping Centre WA
  • ISPT Core Property Fund
  • Australian Core Retail Trust
  • Brookfield Place NSW
  • Mirvac Wholesale Office Fund
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