Conservative Balanced

This option is designed to achieve a balance of risk and return by investing in a blend of assets, with an emphasis on fixed interest, cash and shares (Australian and overseas).
7.06%
7.84%
10-year average
annual super return
as at 30 June 2021
10-year average
annual pension return
as at 30 June 2021
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, but with less volatility than might be experienced by the Balanced option.

The minimum investment timeframe is 3–5 years.

Return objective

To achieve returns after tax and fees that exceed the inflation rate by at least 2% per year (over rolling 10-year periods).

Risk level

Medium to high
The likelihood of a negative annual return is 3.3 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 3.3 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 17% 5-30
Overseas shares 20% 5-30
Property 6% 0-15
Alternatives (total) 32% 0-45
- Credit 9%
- Infrastructure 6%
- Absolute return 17%
- Private equity 0%
Fixed interest 10% 0-50
Cash 15% 0-50

Allocation table for Pension

Asset class Benchmark Range
Australian shares 20% 5-30
Overseas shares 15% 5-30
Property 7% 0-15
Alternatives (total) 33% 0-45
- Credit 11%
- Infrastructure 6%
- Absolute return 16%
- Private equity 0%
Fixed Interest 10% 0-50
Cash 15% 0-50

Fees

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

Investment fee
Investment fees

0.19%

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

Indirect cost ratio
Indirect cost ratios

0.23%

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

Total
investment fee

0.42%

$50k balance = $210* 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.
(0.19% + 0.23% = 0.42%) x $50,000 = $210

See fees and costs for further information.

Investment fee
Investment fees

0.19%

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

Indirect cost ratio
Indirect cost ratios

0.25%

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

0.44%

$50k balance = $220* 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.
(0.19% + 0.25% = 0.44%) x $50,000 = $220

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 costs 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
Your investment choices
No two CareSuper members are the same so we offer 13 different investment choices.
Explore your choices