MySuper dashboard
Return Target
CPI*+4.00% p.a.
Return
10 year average return of 7.41% as at 30 June 2024.
| Year ending 30 June | 1 year return |
| 2024 | 8.81% |
| 2023 | 9.29% |
| 2022 | -2.06% |
| 2021 | 18.82% |
| 2020 | -0.21% |
| 2019 | 7.04% |
| 2018 | 10.34% |
| 2017 | 10.76% |
| 2016 | 2.90% |
| 2015 | 9.90% |
Comparison between return target and return
Level of investment risk
High
Negative net returns expected in four to less than six out of every 20 years.
Statement of fees and other costs
$387 per year for a member with a $50,000 balance.
Important information to consider
- This Product Dashboard is prepared based on information that is reliable at the time it was published and is subject to change.
- The Product Dashboard has been prepared in accordance with specific legislative requirements and may be different from information disclosed for other purposes.
- You should use your own judgment, read the relevant Product Disclosure Statement (PDS) and consider seeking financial advice before making a decision.
- Past performance is not a reliable indicator of future performance, and outcomes may differ from the objectives set by the Fund.
- Return Target and Level of Investment Risk are an estimate only and are not guaranteed in any way. Actual outcomes may differ.
- Return Target is not the same as the Investment Objective stated in the PDS. Legislation requires the Return Target to be calculated based on the ‘mean’ annualised estimate of the percentage rate of net return that exceeds the growth in the CPI over ten years from 1 July 2024 to 30 June 2034. The Return Target achievable is net of taxes, investment fees and costs, transaction costs and administration fees and costs for a member with a $50,000 balance. Investment Objective is based on a more conservative Return Target and is net of taxes, investment fees and indirect costs.
- Return is not the same as investment performance stated in disclosure or website. Legislation requires the Return to be calculated net of taxes, investment fees and costs, transaction costs and administration fees and costs for a member with a $50,000 balance. Investment performance is net of taxes, investment fees and costs and transaction costs only.
- The Statement of fees and other costs represents a member who is fully invested the Balanced Growth option, who does not incur any activity fees during a year and who has an account balance of $50,000 throughout that year. At present, this represents our estimate for the year 2024/25. It assumes that insurance fees, activity fees and advice fees for personal advice do not apply. The investment fees and costs, transaction costs and additional administration costs paid from fund assets included in the Statement of fees and other costs are derived as an estimate of the likely costs expected to be incurred in 2024/25 and may vary from year to year. The administration fees included in the Statement of fees and other costs are based on expected fees in 2024/25 and may vary from year to year. Fees and costs may change in future.
Glossary of terms
Investment return net of taxation, investment fees and costs, transaction costs and administration fees and costs for a member with a $50,000 balance.
An estimate of the percentage rate of net return expected to exceed the growth in inflation over the next ten years.
*CPI refers to Consumer Price Index — an inflationary indicator that measures the change in the cost of living, as released by the Australian Bureau of Statistics.
Estimated fees and costs for a member with a $50,000 balance.
An estimated rating of risk between Low and Very High based on the expected number of negative returns over a 20 year period. The higher the expected return target, the more often you would expect a year of negative returns.
For more information on how to compare MySuper investment options go to the Australian Securities and Investments Commission (ASIC) MoneySmart website (www.moneysmart.gov.au).