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
$391.4 million
Option size1
As at 29 February 2024
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.40% | Pension: 0.33%
Objective and performance
To invest in a portfolio of securities, including but not limited to, Australian shares and up to 30% in income securities (i.e. not ordinary shares, such as debt securities), that are expected to be high yielding. From time to time this option may hold non-Australian exposures.
Objective
To achieve a gross yield which exceeds the dividend yield of the Australian equity market, and provide potential for capital growth over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Mar 2024
Dividend yield | Australian Dividend Income yield | Outperformance |
---|---|---|
5.6 | 6.2 | 0.6 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 May 2024
Timeframe | Australian Dividend Income performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 0.47 | - | - |
3 months | 0.23 | - | - |
Financial year to date | 7.66 | - | - |
1 year | 9.66 | - | - |
3 years | 8.08 | - | - |
5 years | 7.02 | - | - |
7 years | 7.52 | - | - |
10 years | 7.80 | - | - |
Periods less than a year are not annualised. Some performance data are not yet available for this option.
Australian Dividend Income option performance ($)
2As at 15 Jul 2024
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 Mar 2024
Dividend yield | Australian Dividend Income yield | Outperformance |
---|---|---|
5.6 | 6.2 | 0.6 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 May 2024
Timeframe | Australian Dividend Income performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 0.51 | - | - |
3 months | 0.24 | - | - |
Financial year to date | 8.52 | - | - |
1 year | 11.01 | - | - |
3 years | 8.75 | - | - |
5 years | 7.61 | - | - |
7 years | 8.32 | - | - |
10 years | 9.01 | - | - |
Periods less than a year are not annualised. Some performance data are not yet available for this option.
Australian Dividend Income option performance ($)
2As at 15 Jul 2024
Allocations
Strategic asset allocation
3As at 01 June 2024
Asset class | Allocation |
---|---|
Australian Shares
|
100.0% |
Income Securities
|
0.0% |
Sector allocation
As at 29 February 2024
Sector | Allocation |
---|---|
Financials
|
38.3% |
Materials
|
16.4% |
Consumer Discretionary
|
11.6% |
Consumer Staples
|
8.8% |
Communication Services
|
6.8% |
Industrials
|
6.4% |
Real Estate
|
6.4% |
Utilities
|
2.8% |
Health Care
|
2.5% |
- 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