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
$1.7 billion
Option size1
As at 31 August 2024
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.64% | Pension: 0.57%
Objective and performance
To invest in a diversified portfolio of securities, including but not limited to, Australian shares.#
# From time to time this option may hold non-Australian exposures
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 30 Sep 2024
CPI + 4% | Australian Shares performance | Outperformance |
---|---|---|
7.2 | 11.6 | 4.4 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 31 Dec 2024
Timeframe | Australian Shares return |
---|---|
1 month | -2.91 |
3 months | -0.93 |
Financial year to date | 6.50 |
1 year | 11.11 |
3 years | 7.70 |
5 years | 9.59 |
7 years | 10.10 |
10 years | 9.60 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 28 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 31 Dec 2024
Timeframe | Australian Shares return |
---|---|
1 month | -3.21 |
3 months | -1.00 |
Financial year to date | 7.32 |
1 year | 12.93 |
3 years | 9.05 |
5 years | 10.86 |
7 years | 11.58 |
10 years | 11.06 |
Periods less than a year are not annualised.
Australian Shares option performance ($)
2As at 28 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