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
$1.7 billion
Option size1
As at 30 September 2024
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.64% | Pension: 0.57%
Objective and performance
To invest in a diversified portfolio of securities, including but not limited to, Australian shares.#
# From time to time this option may hold non-Australian exposures
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Dec 2024
| CPI + 4% | Australian Shares performance | Outperformance |
|---|---|---|
| 7.2 | 10.1 | 2.9 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 28 Feb 2025
| Timeframe | Australian Shares return |
|---|---|
| 1 month | -2.88 |
| 3 months | -1.73 |
| Financial year to date | 7.78 |
| 1 year | 9.74 |
| 3 years | 9.42 |
| 5 years | 10.87 |
| 7 years | 10.23 |
| 10 years | 8.82 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 27 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
Performance against objective
2% p.a. over 7 years
As at 31 Dec 2024
| CPI + 4% | Australian Shares performance | Outperformance |
|---|---|---|
| 7.2 | 11.6 | 4.4 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 28 Feb 2025
| Timeframe | Australian Shares return |
|---|---|
| 1 month | -3.18 |
| 3 months | -1.90 |
| Financial year to date | 8.78 |
| 1 year | 11.43 |
| 3 years | 10.98 |
| 5 years | 12.26 |
| 7 years | 11.70 |
| 10 years | 10.19 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 27 Mar 2025
Allocations
Strategic asset allocation
3As at 28 March 2025
| Asset class | Allocation |
|---|---|
|
Australian Shares
|
100.0% |
Sector allocation
As at 30 September 2024
| Sector | Allocation |
|---|---|
|
Financials
|
26.0% |
|
Materials
|
21.5% |
|
Consumer Discretionary
|
10.8% |
|
Health Care
|
9.9% |
|
Industrials
|
8.1% |
|
Real Estate
|
5.8% |
|
Information Technology
|
4.9% |
|
Communication Services
|
4.9% |
|
Consumer Staples
|
3.6% |
|
Energy
|
2.7% |
|
Utilities
|
1.7% |
- Tribeca Alpha Plus Fund
- Pendal Australian Long/Short Fund
- BHP Group Ltd
- Commonwealth Bank of Australia
- Regal Aust Small Comp Trust
- CSL Ltd
- National Australia Bank Ltd
- Macquarie Group Ltd
- Westpac Banking Corp
- ANZ Group Holdings Ltd
- Greatland Gold PLC