Australian Shares option


Investment target

The Australian Shares option targets to invest 100% in growth assets.

Investment objective

Investment objective (after fees and taxes over rolling 10-year periods) - to outperform the annual rate of inflation (CPI) by around 4% pa and the S&P/ASX300 benchmark (net of tax and fees).

Suitable for

Most suitable for members whose most important consideration is high returns and who are willing to accept a high risk of a negative return in any one year.

Risk versus return

This option has complete emphasis on growth assets with a view to achieving higher returns and therefore carries more investment risk. The value may vary significantly up or down over the short term. However, high investment returns are generally expected over longer periods. A negative annual return is anticipated on average 6 or more times every 20 years but negative returns may be more or less frequent.

Target asset allocation

Australian shares pie chart


Australian Shares Investment return to 30 June 2020
Option 3 years 5 years 10 years
Accumulation 4.75% 6.64% N/A
Pension 5.00% 7.31% N/A

Refer to the investment performance page for the most recent investment performance figures.

Refer to the Investments Supplement for more information on investment options


Your options in detail

Australian Shares option

Balanced option

Cash Enhanced option

Cash option

Conservative option

Fixed Term Investment option

Growth option

Indexed Diversified

International Shares option

Moderate option

MySuper option