Suitability and risk
Suits members who want to invest in a specific asset class and are comfortable with the value of their investments fluctuating.
7 years
Suggested minimum investment time frame
High
Summary risk level
Sector
Option type
$524.7 million
Option size1
As at 30 September 2024
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.42% | Pension: 0.35%
Objective and performance
To invest in a portfolio of securities, including but not limited to, Australian shares and up to 30% in income securities (i.e. not ordinary shares, such as debt securities), that are expected to be high yielding. From time to time this option may hold non-Australian exposures.
Objective
To achieve a gross yield which exceeds the dividend yield of the Australian equity market, and provide potential for capital growth over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Dec 2024
| Dividend yield | Australian Dividend Income yield | Outperformance |
|---|---|---|
| 5.5 | 6.0 | 0.5 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Jan 2025
| Timeframe | Australian Dividend Income return |
|---|---|
| 1 month | 3.62 |
| 3 months | 5.98 |
| Financial year to date | 12.88 |
| 1 year | 17.32 |
| 3 years | 11.51 |
| 5 years | 7.95 |
| 7 years | 9.40 |
| 10 years | 8.53 |
Periods less than a year are not annualised.
Australian Dividend Income option performance ($)
2As at 20 Feb 2025
Objective
To achieve a gross yield which exceeds the dividend yield of the Australian equity market, and provide potential for capital growth over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Dec 2024
| Dividend yield | Australian Dividend Income yield | Outperformance |
|---|---|---|
| 5.5 | 6.0 | 0.5 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Jan 2025
| Timeframe | Australian Dividend Income return |
|---|---|
| 1 month | 4.09 |
| 3 months | 6.79 |
| Financial year to date | 14.76 |
| 1 year | 19.14 |
| 3 years | 12.72 |
| 5 years | 8.64 |
| 7 years | 10.27 |
| 10 years | 9.71 |
Periods less than a year are not annualised.
Australian Dividend Income option performance ($)
2As at 20 Feb 2025
Allocations
Strategic asset allocation
3As at 28 September 2024
| Asset class | Allocation |
|---|---|
|
Australian Shares
|
100.0% |
|
Income Securities
|
0.0% |
Sector allocation
As at 30 September 2024
| Sector | Allocation |
|---|---|
|
Financials
|
46.9% |
|
Real Estate
|
10.0% |
|
Health Care
|
9.0% |
|
Consumer Discretionary
|
8.8% |
|
Consumer Staples
|
8.2% |
|
Communication Services
|
7.6% |
|
Industrials
|
4.7% |
|
Utilities
|
4.4% |
|
Materials
|
0.4% |
- BHP Group Ltd
- Commonwealth Bank of Australia
- Wesfarmers Ltd
- National Australia Bank Ltd
- Macquarie Group Ltd
- Woolworths Group Ltd
- Telstra Group Ltd
- ASX Ltd
- Rio Tinto Ltd
- Transurban Group