Balanced

This option invests in a diversified mix of assets with an emphasis on Australian and overseas shares, property and alternatives. It’s designed to achieve relatively high returns in the medium to long term but is subject to short-term fluctuations in returns.

As a super member, this is the option your money goes into if you don’t make an investment choice (our MySuper option).
8.43%
9.20%
10-year average
annual super return
as at 30 June 2020
10-year average
annual pension return
as at 30 June 2020
For the returns over various time periods see the performance page.

Why you’d invest

Invest in this option if you are seeking returns above the rate of inflation over the long term.

The minimum investment timeframe is 5+ years.

Return objective

To achieve returns after tax and fees that exceed the inflation rate by at least 3% per year (over rolling 10-year periods).

Risk level

Medium
The likelihood of a negative annual return is 2.9 in every 20 years for super and transition to retirement accounts.
The risk level is based on the Standard Risk Measure.
Medium
The likelihood of a negative annual return is 2.8 in every 20 years for full pension accounts.
The risk level is based on the Standard Risk Measure.

Asset mix

Allocation table for Super & TTI

Asset class Benchmark Range
Australian shares 23% 10-40
Overseas shares 27% 10-40
Property 12% 0-25
Alternatives (total) 27% 0-55
- Credit 8%
- Infrastructure 8%
- Absolute return 6%
- Private equity 5%
Fixed Interest 6% 5-35
Cash 5% 0-30

Allocation table for Pension

Asset class Benchmark Range
Australian shares 26% 10-40
Overseas shares 20% 10-40
Property 13% 0-25
Alternatives (total) 29% 0-55
- Credit 10%
- Infrastructure 8%
- Absolute return 6%
- Private equity 5%
Fixed Interest 6% 5-35
Cash 6% 0-30

Fees

The following example shows the total investment fee you would pay if you had $50k invested in our Balanced option. These fees aren’t paid directly from your account.

Investment fee
Investment fees

0.24%

This fee is deducted from the Fund’s assets and is reflected in the daily unit price for the Balanced (MySuper) option.

Indirect cost ratio
Indirect cost ratios

0.50%

This fee is deducted from investment returns received from, or assets of, underlying investment vehicles and reflected in the daily unit price for the Balanced (MySuper) option.

Total
investment fee

0.74%

$50k balance = $370* total of investment fees.

*Represents the investment fee only. An administration fee also applies to the total cost of the product.

Add the investment fee and the indirect cost ratio together, then multiply the percentage by your balance.
(0.24% + 0.50% = 0.74% ) x $50,000 = $370

See fees and costs for further information.

Investment fee
Investment fees

0.23%

This fee is deducted from the Fund’s assets and is reflected in the daily unit price for the Balanced option.

Indirect cost ratio
Indirect cost ratios

0.49%

This fee is deducted from investment returns received from, or assets of, underlying investment vehicles and reflected in the daily unit price for the Balanced option.

Total
investment fee

0.72%

$50k balance = $360* total of investment fees.

*Represents the investment fee only. An administration fee also applies to the total cost of the product.

Add the investment fee and the indirect cost ratio together, then multiply the percentage by your balance.
(0.23% + 0.49% = 0.72%) x $50,000 = $360.

See fees and costs for further information.

More about investing
Fees and costs
Fees and costs
Each of our investment options has its own set of fees that covers the cost of managing your investments.
See our fee structure 
Investment returns
Investment returns
Discover how your investments measure up against their return objectives and industry benchmarks.
Check our performance 
Your investment choices
MySuper dashboard
Compare our Balanced (MySuper) option with other products on the market.
Explore the dashboard