Your investment options

We have investment options to suit every stage of life, so you can make a decision that's best for you.

Important notice

From 1 June 2022, the following changes to investment options apply:

  • the Property, Balanced Plus and FlexiTerm Deposit options are closed and will no longer accept applications, contributions, switches or transfers in
  • the RetirePlus and RetireStable options will only be available to pension members
  • the RetirePlus and RetireStable options will not be available to pre-retirement members

A new PDS will be issued 1 July 2022 to remove and clarify the availability of options (as applicable).

Learn more

Managed Choice options

Choose the Managed Choice option that suits your needs. Each option comes with a blend of asset allocations with varying exposure to risk. 

RetirePlus

Compared with other options with similar risk profiles, RetirePlus is expected to provide some additional protection against key risks facing those in, or approaching, retirement. Returns are expected to be moderately volatile, with a lower risk of capital loss over short to medium periods than more equity-oriented options.

This option is designed for members seeking returns above CPI over the long term and who are looking for additional protection against market risk.
Strategic asset allocation

RetireStable

Invests in a diversified portfolio with a lower exposure to listed equities than other growth-oriented options, such as RetirePlus. Returns are expected to be more stable than those of more equity-oriented options.

This option is designed for members seeking returns above CPI over the long term and who are looking for additional protection against market risk with less growth assets than RetirePlus.
Strategic asset allocation

Growth Plus

Invests primarily in Australian and overseas shares, while providing some exposure to property, infrastructure and alternative assets. These are growth investments, with the property, infrastructure and alternative allocation providing some diversification from shares.

This option is designed for members who are prepared to accept an aggressive asset allocation which has the potential of providing higher returns, but also increases the risk of a negative return. Previously known as Aggressive.
Strategic asset allocation

Growth

Invests primarily in Australian and overseas shares, while providing some exposure to property, infrastructure and alternative assets. These are growth investments, with small allocations to defensive assets such as fixed interest and cash providing some diversification.

This option is designed for members who are prepared to accept an aggressive asset allocation which has the potential of providing higher returns, but also increases the risk of a negative return. Previously known as Moderately Aggressive.
Strategic asset allocation

Balanced Growth

Invests mainly in growth assets such as shares, property and infrastructure, which are expected to earn higher returns over the long term, with the balance invested in more stable assets like fixed interest securities and other defensive assets.

This option is designed for members who want a balance between risk and return but who are prepared to accept an asset allocation weighted towards growth assets. Previously known as Balanced.
Strategic asset allocation

Balanced

Provides an even distribution between growth and defensive assets. The aim is to provide capital growth with reduced volatility.

This option is designed for members who want a balance between risk and return. Previously known as Moderately Conservative.
Strategic asset allocation

Conservative

Invests mainly in fixed interest securities and cash, which are expected to deliver stable but low returns over the long term, with the balance invested in shares and other growth assets.

This option is designed for members who wish to select a lower returning asset allocation in exchange for more stability and security.
Strategic asset allocation

PositiveIMPACT

Invests a large proportion in growth assets, primarily international equities, with a clear and tangible social and environmental impact. The focus on impact means that this option differs from others in that it offers less diversification.

This option is designed for members seeking moderate to high levels of capital growth over the long term with clear and tangible social and environmental impacts.
Strategic asset allocation

Build Your Own

Choose a Build Your Own option and invest directly into an asset class.

Australian Shares

Invests in Australian companies, usually listed or expected to list on the Australian Stock Exchange (ASX).

This option is designed for members who are prepared to accept an aggressive asset allocation which has the potential of providing higher returns, but also increases the risk of a negative return.
Strategic asset allocation

Overseas Shares

Invest in overseas companies listed or expected to list on one or more overseas stock exchanges.

This option is designed for members who are prepared to accept an aggressive asset allocation which has the potential of providing higher returns, but also increases the risk of a negative return.
Strategic asset allocation

Property

Invests in Australian and overseas listed and unlisted property trusts.

This option is designed for members who wish to select a moderately aggressive asset allocation, which increases the risk of negative returns.
Strategic asset allocation

Diversified Fixed Interest

Invests in interest bearing bonds and some indexed bonds in Australia and overseas. Investments are made into government and corporate debt securities both above and below investment grade. Investments may also include lower risk alternative strategies, and cash.

This option is designed for members who wish to select a relatively defensive asset allocation with more stability and security than more aggressive asset allocations. This option is expected to generate modest returns over time, with a small but not zero chance of negative return in any 12-month period and is considered to be more aggressive than cash.
Strategic asset allocation

FlexiTerm Deposit

As of 1 March 2016, the Fund will no longer accept contributions or switches into the FlexiTerm Deposit investment option.

The option will still be open for existing members, but will not accept any further contributions or switches in after this date. Members can continue to withdraw or switch out as per the current FlexiTerm Deposit rules.

Objective

To invest in a diversified pool of term deposits with Australian banks with a view to providing slightly higher return than the Cash Option and similar stability of cashflow.

Return Objective

To achieve positive returns in all monthly periods.

Standard Risk Measure

The risk level of this option is very low, with a likelihood of negative returns occurring 0.0 years in a 20-year period.

Strategic Asset Allocation

  • Term deposit: 95 %
  • Cash: 5%

Date established

23 October 2012

Performance

For latest returns and market report, see the investment performance section.

Cash

Invests in money market securities such as bank term deposits, bank bills and other liquid cash securities.

This option is designed for members who wish to select a very defensive asset allocation with a very low chance of a negative return and expected stable but lower returns over the long term.
Strategic asset allocation

What else you can do

Understand your style

When deciding on your investment style, it’s important to understand the relationship between risk and return. Choosing what’s best for your needs can make a big difference to your financial future.

Learn more

Switch between options

You’re free to change your options as your needs and investment profile changes - you’re not locked in. This is called switching and can be done as often as once a week. We update our data weekly so you can stay on track.

Learn more

Get advice

You can can speak with one our financial planners who can assist you in making the right investment choice for your circumstances.

Learn more

We're here to help

We can help guide you if you have any questions about our investment options.