Australian Shares

The Australian Shares option invests mainly in shares of Australian companies listed on the Australian Securities Exchange (ASX). To provide diversification, a number of different investment managers with varying approaches are appointed.

9.16%

10.39%

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. It’s for those wanting to achieve potentially higher long-term returns from a portfolio of Australian shares, who are willing to accept a higher level of volatility in returns and the possibility of negative returns over the short term.

The minimum investment timeframe is 7–10 years.

Return objective

To outperform the return of the Australian share market (as measured by the S&P/ASX 300 Accumulation Index adjusted for implied superannuation tax).

Risk level

High

The likelihood of a negative annual return is 5.7 in every 20 years.

The risk level is based on the Standard Risk Measure.

High

The likelihood of a negative annual return is 5.7 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*	100%	n/a

Allocation table for Pension

Asset class	Benchmark	Range
Australian shares*	100%	n/a

*For liquidity purposes, this option may hold up to 10% cash.

More about investing

Fees and costs

Each of our investment options has its own set of fees that covers the costs of managing your investments.

See our fee structure

Investment returns

Discover how your investments measure up against their return objectives and industry benchmarks.

Check our performance

Your investment choices

No two CareSuper members are the same so we offer 13 different investment choices.

Explore your choices