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
$1.7 billion
Option size1
As at 31 August 2024
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.64% | Pension: 0.57%
Objective and performance
To invest in a diversified portfolio of securities, including but not limited to, Australian shares.#
# From time to time this option may hold non-Australian exposures
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 30 Sep 2024
| CPI + 4% | Australian Shares performance | Outperformance |
|---|---|---|
| 7.2 | 11.6 | 4.4 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Nov 2024
| Timeframe | Australian Shares return |
|---|---|
| 1 month | 3.19 |
| 3 months | 5.37 |
| Financial year to date | 9.68 |
| 1 year | 21.66 |
| 3 years | 9.86 |
| 5 years | 9.94 |
| 7 years | 11.05 |
| 10 years | 10.10 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 20 Jan 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 30 Sep 2024
| CPI + 4% | Australian Shares performance | Outperformance |
|---|---|---|
| 7.2 | 13.3 | 6.1 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Nov 2024
| Timeframe | Australian Shares return |
|---|---|
| 1 month | 3.56 |
| 3 months | 6.01 |
| Financial year to date | 10.88 |
| 1 year | 24.89 |
| 3 years | 11.46 |
| 5 years | 11.28 |
| 7 years | 12.65 |
| 10 years | 11.62 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 20 Jan 2025
Allocations
Strategic asset allocation
3As at 28 September 2024
| Asset class | Allocation |
|---|---|
|
Australian Shares
|
100.0% |
Sector allocation
As at 31 August 2024
| Sector | Allocation |
|---|---|
|
Financials
|
27.0% |
|
Materials
|
19.8% |
|
Consumer Discretionary
|
10.6% |
|
Health Care
|
10.6% |
|
Industrials
|
8.7% |
|
Real Estate
|
5.3% |
|
Communication Services
|
5.2% |
|
Information Technology
|
4.5% |
|
Consumer Staples
|
4.1% |
|
Energy
|
2.7% |
|
Utilities
|
1.6% |
- Tribeca Alpha Plus Fund
- Pendal Australian Long/Short Fund
- Commonwealth Bank of Australia
- BHP Group Ltd
- Regal Aust Small Comp Trust
- CSL Ltd
- National Australia Bank Ltd
- Macquarie Group Ltd
- Westpac Banking Corp
- ANZ Group Holdings Ltd