Suitability and risk
Suits members who want exposure to a range of mainly higher risk asset classes and are comfortable with the value of their investments fluctuating.
10 years
Suggested minimum investment time frame
Medium to High
Summary risk level
Pre-Mixed
Option type
$49.4 billion
Option size1
As at 30 June 2024
Expected frequency of negative annual return
Three to less than four in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.63% | Pension: 0.56%
Objective and performance
To invest in a diversified portfolio of mainly higher risk assets such as Australian and international shares, property, infrastructure and private equity, with some fixed interest and cash investments.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 3% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 10 years
As at 30 Jun 2024
CPI + 3% | Balanced performance | Outperformance |
---|---|---|
5.7 | 7.9 | 2.2 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Sep 2024
Timeframe | Balanced return |
---|---|
1 month | 1.22 |
3 months | 3.28 |
Financial year to date | 3.28 |
1 year | 14.19 |
3 years | 5.24 |
5 years | 6.87 |
7 years | 7.81 |
10 years | 8.12 |
Periods less than a year are not annualised.
Balanced option performance ($)
2As at 29 Oct 2024
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 3% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 10 years
As at 30 Jun 2024
CPI + 3% | Balanced performance | Outperformance |
---|---|---|
5.7 | 8.8 | 3.1 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Sep 2024
Timeframe | Balanced return |
---|---|
1 month | 1.37 |
3 months | 3.69 |
Financial year to date | 3.69 |
1 year | 15.92 |
3 years | 5.75 |
5 years | 7.57 |
7 years | 8.69 |
10 years | 9.05 |
Periods less than a year are not annualised.
Balanced option performance ($)
2As at 29 Oct 2024
Allocations
Strategic asset allocation
3As at 28 September 2024
Asset class | Allocation |
---|---|
International Shares
|
31.0% |
Australian Shares
|
28.0% |
Cash & Fixed Interest
|
26.0% |
Infrastructure & Private Equity
|
11.0% |
Property
|
4.0% |
Australian Shares
- BHP Group Ltd
- Transurban Group
- Commonwealth Bank of Australia
- CSL Ltd
- National Australia Bank Ltd
- Rio Tinto Ltd
- Scentre Group
- Macquarie Group Ltd
- Pendal Australian Long/Short Fund
- GPT Group
International Shares
- Microsoft Corp
- NVIDIA Corp
- Apple Inc
- Alphabet Inc
- Amazon.com Inc
- JPMorgan Chase & Co
- ASML Holding NV
- Taiwan Semiconductor Manufacturing Co Ltd
- Novo Nordisk A/S
- Eli Lilly and Co
Property
- Burrah Park Trusts
- Karrinyup Shopping Centre WA
- Quarry Estate Trust
- Australian Core Retail Trust
- Truganina Estate Trust