Investment options
Maritime Super offers members five investment options, so that you can choose an investment strategy that suits your financial needs, objectives and circumstances.
These investment options cover a range of risk and return profiles, each with varying proportions of growth and defensive assets.
It's up to you to decide how you’d like to invest your super – you can invest it all in one option or you can split your account between two or more options.
Your investment options are:
Investment returns to 30 June 20091
| |
5 year
average % pa |
10 year
average % pa |
| Growth |
3.12 |
5.06 |
| Balanced |
2.90 |
4.23 |
| Conservative |
3.86 |
N/A |
| Cash Enhanced |
4.75 |
N/A |
| Cash |
N/A |
N/A |
These returns are net of fees and taxes and apply to accumulation accounts. Different net rates of return apply to pension products (where investment earnings are not subject to tax) and certain employer-sponsored categories in the Seafarers division and Maritime Super division where the employer may meet the administration costs associated with Fund membership (i.e. SVITZER, Inco, ASP,Teekay an Trident categories).
It is important to remember that superannuation is a long term investment and returns on the investment options may fluctuate in the short term. Past performance is not a reliable indicator of future performance.
More investment performance information
Choosing more than one option
It's up to you to decide how you'd like to invest your super – you can invest it all in one option or you can split your account between two or more options.
You can even allocate your future contributions to different option(s) to your account balance.
If you don’t make an investment choice
If you don’t choose an option, the Growth option is the default option where your super will be invested (there are some exceptions).
Learn more about Maritime Super's default options
Changing your investment option
With long-term investments like superannuation, whilst it's wise to develop a strategy and stick to it, we also provide members with the flexibility to change their investment option(s).
Learn more about weekly investment switching
Professional financial advice
Choosing the right investment option is important, so if you would like help working out the right option for your needs and goals, a financial planner can help.
Maritime Super can put you in touch with a qualified financial planner. Contact Member Services to arrange an appointment.
| 1 |
The returns from 1 march 2009- 30 June reflect the maritime Super rates of return. The returns prior to 1 March 2009 are based on the returns of the most closely corresponding Stevedoring Employees Retirement Fund(SERF) or Seafarers Retirement Fund(SRF) investment option forthe period:
Growth - SERF Growth
Balanced - SRF Balanced
Conservative - SERF Capital Stable
Cash Enhanced - SERF Capital Protected
Cash - not offered before 1 January 2009
Each Maritime Super option has the same overall split between growth and defensive assests as its corresponding SERF or SRF option, and its asset mix is also closely aligned with the asset mix of the corresponding option. The SERF Capital Stable and Capital Protected options were not offered before 2003/04 and therefore 10-year average returns are not available. |