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
$478.2 million
Option size1
As at 31 August 2024
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.42% | Pension: 0.35%
Objective and performance
To invest in a portfolio of securities, including but not limited to, Australian shares and up to 30% in income securities (i.e. not ordinary shares, such as debt securities), that are expected to be high yielding. From time to time this option may hold non-Australian exposures.
Objective
To achieve a gross yield which exceeds the dividend yield of the Australian equity market, and provide potential for capital growth over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 30 Sep 2024
| Dividend yield | Australian Dividend Income yield | Outperformance |
|---|---|---|
| 5.5 | 6.1 | 0.6 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Nov 2024
| Timeframe | Australian Dividend Income return |
|---|---|
| 1 month | 4.39 |
| 3 months | 4.33 |
| Financial year to date | 11.19 |
| 1 year | 23.78 |
| 3 years | 9.92 |
| 5 years | 7.96 |
| 7 years | 9.13 |
| 10 years | 9.12 |
Periods less than a year are not annualised.
Australian Dividend Income option performance ($)
2As at 20 Jan 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 30 Sep 2024
| Dividend yield | Australian Dividend Income yield | Outperformance |
|---|---|---|
| 5.5 | 6.1 | 0.6 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Nov 2024
| Timeframe | Australian Dividend Income return |
|---|---|
| 1 month | 4.97 |
| 3 months | 4.92 |
| Financial year to date | 12.80 |
| 1 year | 26.45 |
| 3 years | 10.93 |
| 5 years | 8.69 |
| 7 years | 9.99 |
| 10 years | 10.39 |
Periods less than a year are not annualised.
Australian Dividend Income option performance ($)
2As at 20 Jan 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 31 August 2024
| Sector | Allocation |
|---|---|
|
Financials
|
47.1% |
|
Health Care
|
10.5% |
|
Consumer Staples
|
9.4% |
|
Consumer Discretionary
|
8.9% |
|
Real Estate
|
7.8% |
|
Communication Services
|
7.6% |
|
Industrials
|
5.2% |
|
Utilities
|
3.1% |
|
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