Balanced

This option invests in a diversified mix of assets prioritising Australian and Overseas shares, property and infrastructure. 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).
8.04%
8.68%
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 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 to high
The likelihood of a negative annual return is 3.8 in every 20 years for super and transition to retirement accounts.
The risk level is based on the Standard Risk Measure.
Medium to high
The likelihood of a negative annual return is 3.7 in every 20 years for full pension accounts.
The risk level is based on the Standard Risk Measure.

Asset class mix

Allocation table for Super & TTI

Asset class Benchmark Range
Australian shares 23% 10-40
Overseas shares 26% 10-40
Private equity 5% 0-20
Direct Property 10% 0-25
Infrastructure 10% 0-25
Credit 7% 0-20
Alternatives (total) 4% 0-20
- Absolute return 4%
- Thematic opportunities 0%
Fixed Interest 8% 0-30
Cash 7% 0-30

Allocation table for Pension

Asset class Benchmark Range
Australian Shares 26% 10-40
Overseas Shares 20% 10-40
Private equity 5% 0-20
Direct Property 11% 0-25
Infrastructure 10% 0-25
Credit 9% 0-20
Alternatives (total) 3% 0-20
- Absolute return 3%
- Thematic opportunities 0%
Fixed Interest 8% 0-30
Cash (total) 8% 0-30
- Term deposits 1%
- Cash 7%
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