Alternative Growth

This option invests in a diversified mix of assets with an emphasis on alternatives as well as Australian and overseas shares. It’s designed to achieve long-term capital growth.

7.77%

8.35%

10-year average
annual super return
as at 30 June 2023

10-year average
annual pension return
as at 30 June 2023

For the returns over various time periods see the performance page.

Why you’d invest

Invest in this option if you have an investment timeframe of at least seven years and your financial situation allows for a higher level of risk. This option is also for those who seek to invest in growth assets such as shares, property and alternative investments (i.e. infrastructure, credit, private equity and absolute return).

The minimum investment timeframe is 7–10 years.

Return objective

To achieve returns after tax and fees that exceed the inflation rate by at least 3.5% per year (over rolling 10-year periods). This option aims to produce less volatile returns than the Growth option by investing more in alternatives investments.

Risk level

Medium to high

The likelihood of a negative annual return is 3.6 in every 20 years.

The risk level is based on the Standard Risk Measure.

Medium to high

The likelihood of a negative annual return is 3.5 in every 20 years.

The risk level is based on the Standard Risk Measure.

Asset class mix

Allocation table for Super & TTI

Asset class	Benchmark	Range
Australian shares	20%	10-40
Overseas shares	24%	10-40
Private equity	2%	0-20
Direct Property	12%	0-25
Infrastructure	15%	0-30
Credit	11%	0-30
Alternatives (total)	9%	0-40
- Absolute return	9%
- Thematic opportunities	0%
Fixed Interest	2%	0-20
Cash	5%	0-20

Allocation table for Pension

Asset class	Benchmark	Range
Australian shares	24%	10-40
Overseas shares	17%	10-40
Private equity	2%	0-20
Direct Property	13%	0-25
Infrastructure	15%	0-30
Credit	13%	0-30
Alternatives (total)	9%	0-40
- Absolute return	9%
- Thematic opportunities	0%
Fixed Interest	2%	0-20
Cash	5%	0-20