Investment options in detail

Premixed options

Made up of a number of asset classes.

Conservative

Conservative

Benchmark allocations
Actual asset allocation for each asset class may vary from time to time within the indicative ranges (listed in brackets).

Australian equities
11%  (1-21%)
 
International equities
13%  (3-23%)
 
Opportunistic growth
0% (0-10%)
 
Infrastructure
6%  (0-16%)
 
Property
6%  (0-16%)
 
Absolute return multi-strategy
5% (0-15%)
 
Floating rate debt
13%  (3-23%)
 
Diversified bonds
26%  (16-36%)
 
Cash
20%  (10-30%)
 
Conservative option details

Investment objective (super)*
To outperform (after fees and taxes) the rate of increases in inflation as measured by the Consumer Price Index by 2.5% per annum over at least two thirds of all rolling ten year periods.

Investment objective (pensions)*
To outperform (after fees) the rate of increases in inflation as measured by the Consumer Price Index by 3.5% per annum over at least two thirds of all rolling ten year periods.

Strategy
To invest in a diversified portfolio with a higher exposure to cash and diversified bonds, and a lower exposure to equities.

Minimum investment timeframe
The minimum suggested time frame to invest in this product is medium-term (3 to 6 years). Members should hold the investment for a minimum of 3 years.

Who should invest in this option?
This option is designed for members who wish to select a less aggressive asset allocation in exchange for more stability and security.

Summary risk level
The risk level of this option is low to medium. The expected frequency of a negative annual return is, on average, 1.5 in 20 years.

* The investment objectives are not forecasts or predictions. They simply represent a benchmark against which the Trustee monitors performance.

Balanced

Balanced

Benchmark allocations
Actual asset allocation for each asset class may vary from time to time within the indicative ranges (listed in brackets).

Australian equities
20%  (10-30%)
 
International equities
24%  (14-34%)
 
Opportunistic growth
0% (0-15%)
 
Infrastructure
9%  (0-19%)
 
Property
9%  (0-19%)
 
Absolute return multi-strategy
5% (0-15%)
 
Floating rate debt
8%  (0-18%)
 
Diversified bonds
20%  (10-30%)
 
Cash
5%  (0-15%)
 
Balanced option details

Investment objective (super)*
To outperform (after fees and taxes) the rate of increases in inflation as measured by the Consumer Price Index by 3.0% per annum over at least two thirds of all rolling ten year periods.

Investment objective (pensions)*
To outperform (after fees) the rate of increases in inflation as measured by the Consumer Price Index by 4.0% per annum over at least two thirds of all rolling ten year periods.

Strategy
Invest in a diversified portfolio with exposure to Cash and diversified bonds, and property and equities.

Minimum investment timeframe
The minimum suggested time frame to invest in this product is long-term (4 to 8 years). Members should hold the investment for a minimum of 4 years.

Who should invest in this option?
This option is designed for members who want a balance between risk and return.

Summary risk level
The risk level of this option is medium to high. The expected frequency of a negative annual return is, on average, 3.0 in 20 years.

* The investment objectives are not forecasts or predictions. They simply represent a benchmark against which the Trustee monitors performance.

Sustainable balanced

Sustainable balanced

Benchmark allocations
Actual asset allocation for each asset class may vary from time to time within the indicative ranges (listed in brackets).

PLEASE NOTE: Sustainable balanced is only available to Vision Personal members.

Australian equities
27%  (17-37%)
 
International equities
33%  (23-43%)
 
Property
10%  (0-20%)
 
Diversified bonds
27%  (17-37%)
 
Cash
3%  (0-13%)
 
Sustainable balanced option details

Investment objective
This option aims to outperform (after fees and taxes) the rate of increases in inflation as measured by the Consumer Price Index by 3.0% pa over at least two thirds of all rolling 10 year periods

Strategy
To invest in a diversified portfolio with a moderate exposure to cash and diversified bonds, and a higher exposure to equities, while having regard to ESG principles.

Minimum investment timeframe
The minimum suggested time frame to invest in this product is long-term (5 to 10 years). Members should hold the investment for a minimum of 5 years.

Who should invest in this option?
Members who are prepared to accept a more aggressive asset allocation than the 'Balanced' option, and have an interest in socially responsible investing. This option has the potential of providing higher returns, but also increases the risk of a negative return.

Summary risk level
The risk level of this option is high. The expected frequency of a negative annual return is, on average, 4.5 in 20 years.

Key differences from other options
The Sustainable balanced option differs from the other investment options in the following ways:

  • simpler option with fewer asset classes
  • passively managed
  • 100% of the equity allocation is managed to a low carbon benchmark.

* The investment objectives are not forecasts or predictions. They simply represent a benchmark against which the Trustee monitors performance.

Balanced Growth

Balanced Growth

Benchmark allocations
Actual asset allocation for each asset class may vary from time to time within the indicative ranges (listed in brackets).

Australian equities
24%  (14-34%)
 
International equities
29%  (19-39%)
 
Opportunistic growth
0% (0-20%)
 
Infrastructure
11%  (0-21%)
 
Property
11%  (0-21%)
 
Absolute return multi-strategy
5% (0-14%)
 
Floating rate debt
5%  (0-15%)
 
Diversified bonds
12%  (3-23%)
 
Cash
3%  (0-13%)
 
Balanced growth option details

Investment objective (super)*
To outperform (after fees and taxes) the rate of increase in inflation as measured by the Consumer Price Index by 3.5% per annum over at least two thirds of all rolling ten year periods. To outperform (after fees and taxes) the median default superannuation fund over rolling three year periods.

* Based on the SuperRatings Fund Crediting Rate Survey - default options

Investment objective (pensions)*
To outperform (after fees) the rate of increases in inflation as measured by the Consumer Price Index by 4.5% per annum over at least two thirds of all rolling ten year periods.

Strategy
Invest in a diversified portfolio with a moderate exposure to cash and diversified bonds, and a higher exposure to equities.

Minimum investment timeframe
The minimum suggested time frame to invest in this product is long-term (5 to 10 years). Members should hold the investment for a minimum of 5 years.

Who should invest in this option?
This option is designed for members who are prepared to accept a more aggressive asset allocation than the ‘Balanced’ option, which has the potential of providing higher returns, but also increases the risk of a negative return.

Summary risk level
The risk level of this option is medium to high. The expected frequency of a negative annual return is, on average, 3.5 in 20 years.

* The investment objectives are not forecasts or predictions. They simply represent a benchmark against which the Trustee monitors performance.

Growth

Growth

Benchmark allocations
Actual asset allocation for each asset class may vary from time to time within the indicative ranges (listed in brackets).

Australian equities
31.5%  (21.5-41.5%)
 
International equities
38.5%  (28.5-48.5%)
 
Opportunistic growth
0% (0-25%)
 
Infrastructure
12%  (2-22%)
 
Property
11%  (0-21%)
 
Absolute return mult-strategy
5% (0-15%)
 
Floating rate debt
0%  (0-10%)
 
Diversified bonds
0%  (0-10%)
 
Cash
2%  (0-12%)
 
Growth option details

Investment objective (super)*
To outperform (after fees and taxes) the rate of increases in inflation as measured by the Consumer Price Index by 4.0% per annum over at least two thirds of all rolling ten year periods.

Investment objective (pensions)*
To outperform (after fees) the rate of increases in inflation as measured by the Consumer Price Index by 4.75% per annum over at least two thirds of all rolling ten year periods

Strategy
Invest in a diversified portfolio with a high exposure to equities.

Minimum investment timeframe
The minimum suggested time frame to invest in this product is long-term (6 to 12 years). Members should hold the investment for a minimum of 6 years.

Who should invest in this option?
This option is designed for members who are prepared to accept a more aggressive asset allocation than the ‘Balanced Growth’ option, which has the potential of providing higher returns, but also increases the risk of a negative return.

Summary risk level
The risk level of this option is high. The expected frequency of a negative annual return is, on average, four in 20 years.

* The investment objectives are not forecasts or predictions. They simply represent a benchmark against which the Trustee monitors performance.

Just Shares

Just Shares

Benchmark allocations
Actual asset allocation for each asset class may vary from time to time within the indicative ranges (listed in brackets).

Australian equities
45%  (35-55%)
 
International equities
55%  (45-65%)
 
Just Shares option details

Investment objective (super)*
To outperform (after fees and taxes) the rate of increases in inflation as measured by the Consumer Price Index by 3.5% per annum over at least two thirds of all rolling ten year periods.

Investment objective (pensions)*
To outperform (after fees) the rate of increases in inflation as measured by the Consumer Price Index by 4.0% per annum over at least two thirds of all rolling ten year periods.

Strategy
Invest in a premixed portfolio of Australian and International Equities, with allocations to both active and passive managers.

Minimum investment timeframe
The minimum suggested time frame to invest in this product is long-term (7 to 14 years). Members should hold the investment for a minimum of 7 years.

Who should invest in this option?
This option is designed for members who are prepared to accept a more aggressive asset allocation than the ‘Growth’ option, which has the potential of providing higher returns, but also increases the risk of a negative return.

Summary risk level
The risk level of this option is high. The expected frequency of a negative annual return is, on average, 5.5 in 20 years.

* The investment objectives are not forecasts or predictions. They simply represent a benchmark against which the Trustee monitors performance.

Single sector options

Made up of a single asset class.

Cash

Cash

Cash option details
Investment objective (super or pensions)*
To outperform (after fees and taxes for super and after fees for pensions) the rate of CPI increases over at least two thirds of all rolling ten year periods.
Strategy Invest cash in money market securities such as bank term deposits and bank bills.
Benchmark allocation 100% Cash
Minimum investment timeframe

The minimum suggested time frame to invest in this product is short-term (0 to 3 years). There is no minimum period for holding this option.

Who should invest in this option?

This option is designed for members who wish to select a less aggressive asset allocation in exchange for more stability and security

Summary risk level

The risk level of this option is very low, to provide no negative returns over any period.

* The investment objectives are not forecasts or predictions. They simply represent a benchmark against which the Trustee monitors performance.

Diversified bonds

Diversified bonds

Diversified bonds option details
Investment objective (super)*
To outperform (after fees and taxes) the rate of CPI increases by 2% pa over at least two thirds of all rolling ten year periods.
Investment objective (pensions)* To outperform (after fees) the rate of CPI increases by 2.5% pa over at least two thirds of all rolling ten year periods.
Strategy

Invest in interest bearing bonds and some indexed bonds in Australia and overseas.

Benchmark allocation (indicative ranges in brackets) 70% Diversified bonds (60–80%)
20% Floating rate debt (10–30%)
10% Cash (0–20%)
Minimum investment timeframe

The minimum suggested time frame to invest in this product is medium-term (3 to 6 years). Members should hold the investment for a minimum of 3 years.

Who should invest in this option?

This option is designed for members who wish to select a less aggressive asset allocation in exchange for more stability and security.

Summary risk level

The risk level of this option is low. The expected frequency of a negative annual return is, on average, 0.5 in 20 years.

* The investment objectives are not forecasts or predictions. They simply represent a benchmark against which the Trustee monitors performance.

International equities

International equities

International equities option details
Investment objective (super)*
To outperform (after fees and taxes) the rate of CPI increases by 3.5% pa over at least two thirds of all rolling ten year periods.
Investment objective (pensions)* To outperform (after fees) the rate of CPI increases by 4% pa over at least two thirds of all rolling ten year periods.
Strategy

Invest in overseas companies listed on one or more overseas stock exchanges, with allocations to both active and passive managers.

Benchmark allocation 100% international equities.
Minimum investment timeframe

The minimum suggested time frame to invest in this product is long-term (7 to 14 years). Members should hold the investment for a minimum of 7 years.

Who should invest in this option?

This option is designed for members who are prepared to accept an aggressive asset allocation which has the potential of providing higher returns, but also increases the risk of a negative return.

Summary risk level

The risk level of this option is very high. The expected frequency of a negative annual return is, on average, six in 20 years.

* The investment objectives are not forecasts or predictions. They simply represent a benchmark against which the Trustee monitors performance.

Australian equities

Australian equities

Australian equities option details
Investment objective (super)*
To outperform (after fees and taxes) the rate of CPI increases by 3.5% pa over at least two thirds of all rolling ten year periods.
Investment objective (pensions)* To outperform (after fees) the rate of CPI increases by 4% pa over at least two thirds of all rolling ten year periods.
Strategy Invest in Australian companies usually listed on the Australian Stock Exchange (ASX) with allocations to both active and passive managers.
Benchmark allocation 100% Australian equities
Minimum investment timeframe The minimum suggested time frame to invest in this product is long-term (7 to 14 years). Members should hold the investment for a minimum of 7 years.
Who should invest in this option? This option is designed for members who are prepared to accept an aggressive asset allocation which has the potential of providing higher returns, but also increases the risk of a negative return.
Summary risk level

The risk level of this option is very high. The expected frequency of a negative annual return is, on average, six in 20 years.

* The investment objectives are not forecasts or predictions. They simply represent a benchmark against which the Trustee monitors performance.

Close

Member login

Employer login