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
$2.3 billion

Option size1

As at 31 December 2024

Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.58% | Pension: 0.51%

Objective and performance

To invest in a diversified portfolio of global shares and securities, which may include up to 10% in Australian shares.

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% International Shares performance Outperformance
7.2 10.4 3.2
Performance objectives are not promises or predictions of any particular rate of return.

        

        

Performance

2
% p.a.
As at 31 Mar 2025
Timeframe International Shares return
1 month -4.24
3 months -3.17
Financial year to date 5.67
1 year 6.93
3 years 8.98
5 years 12.28
7 years 9.85
10 years 9.67
Periods less than a year are not annualised.

International Shares option performance ($)

2
As at 23 Apr 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% International Shares performance Outperformance
7.2 11.2 4.0
Performance objectives are not promises or predictions of any particular rate of return.

        

        

Performance

2
% p.a.
As at 31 Mar 2025
Timeframe International Shares return
1 month -4.64
3 months -3.46
Financial year to date 6.29
1 year 7.52
3 years 9.95
5 years 13.28
7 years 10.63
10 years 10.41
Periods less than a year are not annualised.

International Shares option performance ($)

2
As at 23 Apr 2025

Allocations

Strategic asset allocation

3
As at 28 March 2025
Asset class Allocation
International Shares
100.0%
Australian Shares
0.0%

Regional allocation

As at 31 December 2024
Region Allocation
USA
67.2%
Europe
13.0%
Asia ex Japan
9.3%
Japan
8.0%
Other Developed
1.3%
Australia
0.7%
Other Emerging
0.6%
  • Countries exposure
    • USA
    • Japan
    • United Kingdom
    • China
    • Taiwan
    • India
    • Germany
    • Canada
    • France
    • Netherlands
    As at 31 Dec 2024

Sector allocation

As at 31 December 2024
Sector Allocation
Information Technology
30.9%
Financials
16.0%
Consumer Discretionary
12.0%
Health Care
9.9%
Industrials
9.2%
Communication Services
8.9%
Consumer Staples
3.8%
Energy
2.7%
Utilities
2.7%
Materials
2.1%
Real Estate
1.7%

Major holdings

4

By value (descending order) as at 31 Dec 2024

5
  • Apple Inc
  • NVIDIA Corp
  • Microsoft Corp
  • Amazon.com Inc
  • Alphabet Inc
  • Meta Platforms Inc
  • Taiwan Semiconductor Manufacturing Co Ltd
  • Broadcom Inc
  • Eli Lilly and Co
  • London Stock Exchange Group PLC
X
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