Suitability and risk
Suits members who want exposure to a range of asset classes and are less comfortable with large fluctuations in the value of their investments.
5 years
Suggested minimum investment time frame
Medium
Summary risk level
Pre-Mixed
Option type
$8.0 billion
Option size1
As at 31 March 2024
Expected frequency of negative annual return
Two to less than three in 20 years
Total investment fees and costs and transaction costs (%)
Super 0.53% | Pension 0.46%
Objective and performance
To invest in a diversified portfolio of assets like fixed interest and cash, shares, property, infrastructure and private equity.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 2.0% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 5 years
As at 31 Mar 2024
CPI + 2.0% | Conservative Balanced performance | Outperformance |
---|---|---|
5.8 | 4.9 | -0.9 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Jun 2024
Timeframe | Conservative Balanced return |
---|---|
1 month | 1.20 |
3 months | 0.55 |
Financial year to date | 6.51 |
1 year | 6.51 |
3 years | 4.41 |
5 years | 4.12 |
7 years | 5.03 |
10 years | 5.78 |
Periods less than a year are not annualised.
Conservative Balanced option performance ($)
2As at 13 Aug 2024
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 2.0% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 5 years
As at 31 Mar 2024
CPI + 2.0% | Conservative Balanced performance | Outperformance |
---|---|---|
5.8 | 5.5 | -0.3 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Jun 2024
Timeframe | Conservative Balanced return |
---|---|
1 month | 1.18 |
3 months | 0.46 |
Financial year to date | 7.22 |
1 year | 7.22 |
3 years | 4.94 |
5 years | 4.66 |
7 years | 5.75 |
10 years | 6.60 |
Periods less than a year are not annualised.
Conservative Balanced option performance ($)
2As at 13 Aug 2024
Allocations
Strategic asset allocation
3As at 01 June 2024
Asset class | Allocation |
---|---|
Cash & Fixed Interest
|
46.0% |
Australian Shares
|
19.0% |
International Shares
|
17.0% |
Property
|
9.0% |
Infrastructure & Private Equity
|
9.0% |
Australian Shares
- BHP Group Ltd
- ASX Ltd
- Commonwealth Bank of Australia
- CSL Ltd
- National Australia Bank Ltd
- Rio Tinto Ltd
- Wesfarmers Ltd
- Transurban Group
- Macquarie Group Ltd
- Westpac Banking Corp
Property
- Karrinyup Shopping Centre WA
- Australian Core Retail Trust
- ISPT Core Property Fund
- Brookfield Place NSW
- Mirvac Wholesale Office Fund
International Shares
- Microsoft Corporation
- Apple Inc
- NVIDIA Corp
- Amazon.com Inc
- Alphabet Inc
- Visa Inc
- Mastercard Inc
- Meta Platforms Inc
- Taiwan Semiconductor Manufacturing Co Ltd
- ASML Holding NV