Investments

Australian Shares

Investment strategy

To invest in Australian shares on an actively managed basis.

Growth........100%
Defensive.......0%

Investment objective

To achieve a return (gross of tax and investment expenses) that exceeds the change in the S&P/ASX300 Accumulation Index over moving 3 year periods, and to limit the probability of achieving a negative return to approximately 1 year in 3.

Risk of short-term negative return

High The return obtained each year will fluctuate significantly and will be negative from time to time. There is a high chance that the return in any 1 year will be negative.

Investment fee#

0.60%

 

#The investment fee is a measure of the fees deducted from investments. These fees include the cost of the Fund’s investment managers, custodian and investment advisor and certain other costs of the Fund. The investment fee is the total of these costs, divided by the net asset value of the Fund. These fees are deducted directly from the investment earnings before they are allocated to member accounts. They are therefore not deducted from your super account directly.

*From time to time the Investment Managers may hold cash.

^Strategic asset allocation as at 18 August 2010.

PLEASE NOTE: The Australian Shares, International Shares and Property options commenced on 22 July 2005.