Growth

This option mainly invests in growth assets with an emphasis on Australian and overseas shares. It’s designed to achieve long-term capital growth. Returns for this option may display a significant level of volatility with a relatively high risk of capital loss over the short or medium term.
9.01%
9.92%
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 have an investment timeframe of at least seven years or if your financial situation allows a higher level of risk.

The minimum investment timeframe is 7–10 years.

Return objective

To achieve returns after tax and fees that exceed the inflation rate by at least 4% per year (over rolling 10-year periods).

Risk level

Medium to high
The likelihood of a negative annual return is 3.5 in every 20 years.
The risk level is based on the Standard Risk Measure.
Medium to high
The likelihood of a negative annual return is 3.5 in every 20 years.
The risk level is based on the Standard Risk Measure.

Asset mix

Allocation table for Super & TTI

Asset class Benchmark Range
Australian Shares 30% 15-50
Overseas Shares 36% 15-50
Property 12% 0-25
Alternatives (total) 21% 0-70
- Credit 6%
- Infrastructure 4%
- Absolute return 6%
- Private equity 5%
Cash 1% 0-20

Allocation table for Pension

Asset class Benchmark Range
Australian Shares 35% 15-50
Overseas Shares 26% 15-50
Property 13% 0-25
Alternatives (total) 24% 0-70
- Credit 9%
- Infrastructure 4%
- Absolute return 6%
- Private equity 5%
Cash 2% 0-20

Fees

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

Investment fee
Investment fees

0.27%

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

Indirect cost ratio
Indirect cost ratios

0.46%

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

Total
investment fee

0.73%

$50k balance = $365* 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.
(0.27% + 0.46% = 0.73% ) x $50,000 = $365

See fees and costs for further information.

Investment fee
Investment fees

0.27%

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

Indirect cost ratio
Indirect cost ratios

0.45%

This fee is deducted from investment returns received from, or assets of, underlying investment vehicles and reflected in the daily unit price for the Growth 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.
(0.27% + 0.45% = 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 cover 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