Suitability and risk

Suits members who want to invest in a specific asset class and are comfortable with the value of their investments fluctuating.

10 years
Suggested minimum investment time frame
Very high
Summary risk level
Sector
Option type
$1.5 billion

Option size1

As at 31 December 2024

Expected frequency of negative annual return
Six or greater in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.36% | Pension: 0.29%

Objective and performance

To invest in a diversified portfolio of assets, including but not limited to, international and some Australian securities, and infrastructure and private equity assets (which may include development assets), selected on the basis of environmental consideration and the application of some negative screens. Refer to the ‘How we manage your investments’ section of How we invest your money (PDF, 601KB)  for more information.

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

Over the 7 years to 31 December 2024, the GEO option returned 6.9% p.a. against its performance objective of 7.2% p.a.

Note, effective 28 March 2025, GEO’s suggested minimum investment time frame has increased from 7 years to 10 years. Performance objectives are not promises or predictions of any particular rate of return.


        

        

Performance

2
% p.a.
As at 28 Feb 2025
Timeframe Global Environmental Opportunities return
1 month 0.86
3 months -1.66
Financial year to date 4.97
1 year 1.00
3 years -4.81
5 years 4.85
7 years 6.86
10 years 7.53
Periods less than a year are not annualised.

Global Environmental Opportunities option performance ($)

2
As at 31 Mar 2025

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

Over the 7 years to 31 December 2024, the GEO option returned 7.3% p.a. against its performance objective of 7.2% p.a.

Note, effective 28 March 2025, GEO’s suggested minimum investment time frame has increased from 7 years to 10 years. Performance objectives are not promises or predictions of any particular rate of return.


        

        

Performance

2
% p.a.
As at 28 Feb 2025
Timeframe Global Environmental Opportunities return
1 month 0.98
3 months -1.86
Financial year to date 5.73
1 year 0.79
3 years -5.65
5 years 5.01
7 years 7.27
10 years 8.07
Periods less than a year are not annualised.

Global Environmental Opportunities option performance ($)

2
As at 31 Mar 2025

Allocations

Strategic asset allocation

3
As at 28 March 2025
Asset class Allocation
International Shares
95.0%
Infrastructure & Private Equity
5.0%

Regional allocation

As at 31 December 2024
Region Allocation
USA
43.2%
Asia ex Japan
21.2%
Europe
19.1%
Australia
9.8%
Japan
5.1%
Other Developed
1.7%

Major Holdings

4

By value (descending order) as at 31 Dec 2024

5
  • BYD Co Ltd
  • Contemporary Amperex Technology Co Ltd
  • Digital Realty Trust Inc
  • Alstom SA
  • Alexandria Real Estate Equities Inc
  • Samsung SDI Co Ltd
  • Schneider Electric SE
  • Enphase Energy Inc
  • Cleanaway Waste Management Ltd
  • Longi Green Energy technology Co Ltd
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