Suitability and risk

Suits members who want exposure to a range of 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
$9.5 billion

Option size1

As at 30 June 2024

Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.71% | Pension: 0.64%

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 4% 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 + 4% High Growth performance Outperformance
7.2 10.0 2.8
Performance objectives are not promises or predictions of any particular rate of return.

        

        

Performance

2
% p.a.
As at 31 Oct 2024
Timeframe High Growth return
1 month 0.57
3 months 1.86
Financial year to date 4.29
1 year 21.95
3 years 5.88
5 years 9.29
7 years 9.58
10 years 9.93
Periods less than a year are not annualised.

High Growth option performance ($)

2
As at 11 Dec 2024

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

Performance against objective

2
% p.a. over 7 years
As at 30 Sep 2024
CPI + 4% High Growth performance Outperformance
7.2 11.0 3.8
Performance objectives are not promises or predictions of any particular rate of return.

        

        

Performance

2
% p.a.
As at 31 Oct 2024
Timeframe High Growth return
1 month 0.64
3 months 2.09
Financial year to date 4.79
1 year 24.50
3 years 6.49
5 years 10.09
7 years 10.49
10 years 10.90
Periods less than a year are not annualised.

High Growth option performance ($)

2
As at 11 Dec 2024

Allocations

Strategic asset allocation

3
As at 28 September 2024
Asset class Allocation
International Shares
49.0%
Australian Shares
43.0%
Infrastructure & Private Equity
5.0%
Property
3.0%
Cash & Fixed Interest
0.0%

Major holdings

4

By value (descending order) as at 30 Jun 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
  • Goodman Group
  • Wesfarmers Ltd
International Shares
  • Microsoft Corp
  • NVIDIA Corp
  • Apple Inc
  • Alphabet Inc
  • Amazon.com Inc
  • ASML Holding NV
  • Broadcom Inc
  • Eli Lilly and Co
  • Meta Platforms Inc
  • Taiwan Semiconductor Manufacturing Co Ltd
Property
  • Quarry Estate Trust
  • Truganina Estate Trust
  • Karrinyup Shopping Centre WA
  • Australian Core Retail Trust
  • Cawley Road Industrial Trust
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