Fixed Interest

This option invests in a diversified portfolio of debt securities, mainly fixed-rate bonds issued by Australian and overseas governments and companies, mortgage-backed securities and cash. The investment managers include specialist credit managers and other managers focused on managing sector and interest rate exposures. Fixed interest investments can be actively traded and have the potential for both positive and negative returns.
4.98%
5.72%
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 seek to maintain long-term capital security, while earning a rate of return above that of bank bills or from a cash management trust.

The minimum investment timeframe is 3+ years.

Return objective

To outperform returns from a mix of the Australian and overseas bond markets (as measured by a benchmark consisting of the Bloomberg AusBond Composite Bond Index, the Barclays Capital Global Aggregate Index [hedged] and cash).

To achieve returns after tax and fees at least in line with the inflation rate (as measured by the Consumer Price Index [CPI]) over rolling 10-year periods.

Risk level

Medium
The likelihood of a negative annual return is 2.2 in every 20 years.
The risk level is based on the Standard Risk Measure.
Medium
The likelihood of a negative annual return is 2.2 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
Fixed interest 65% 50-100
Cash 35% 0-50

Allocation table for Pension

Asset class Benchmark Range
Fixed interest 65% 50-100
Cash 35% 0-50

Fees

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

Investment fee
Investment fees

0.15%

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

Indirect cost ratio
Indirect cost ratios

0.04%

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

Total
investment fee

0.19%

$50k balance = $95* 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.
(0.15% + 0.04% = 0.19%) x $50,000 = $95

See fees and costs for further information.

Investment fee
Investment fees

0.15%

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

Indirect cost ratio
Indirect cost ratios

0.04%

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

Total
investment fee

0.19%

$50k balance = $95* 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.
(0.15% + 0.04% = 0.19%) x $50,000 = $95

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