Investment Choice
The Investment Options
Growth (default)
If you do not make a choice, your Member Benefit and Ancillary Benefit (if any) will continue to be invested in the Growth Option which is the default.
Unit price as at 02 February 2012: $1.524218
History of Growth Option Unit Price
Overview
This option invests mainly in growth assets (such as shares, real assets and private capital) with some allocation to defensive assets (such as government bonds and cash). This is the Scheme's default option.Risk profile
This option is likely to experience return volatility in the short to medium term and may produce negative returns from time to time. It is expected to experience higher volatility than all options other than the High Growth option.
Expected frequency of a negative annual return
Approximately four to five years in every 20.
Investment objective
To achieve returns (after tax and investment fees) that exceed the consumer price index (CPI) + 4.5% per annum over rolling seven-year periods.
Investment strategy (target asset allocation)
 |
Cash | 5% (2-15%) |
|
Government bonds | 5% (0-15%) |
|
Global credit | 5% (0-15%) |
|
Real assets | 10% (5-20%) |
|
Diversified investments | 7% (0-15%) |
|
Private capital | 18% (0-25%) |
|
Australian shares | 22% (15-35%) |
|
International shares | 28% (15-35%) |
Investment ranges are in brackets
Investor suitability
This option may be suitable if you have more than seven years until you need to access your super and you wish to achieve high rates of return over the lifetime of your investment, while accepting that there may be occasional periods of negative returns. This option is the default option. If you do not make an investment choice, your member benefit (including any ancillary contributions) will automatically be invested in this option.
NOTE: The target asset allocation and investment ranges for this investment option are indicative only. Changes in market and economic conditions may lead the Board to change these features at any time. The Board reserves the right to move an option's actual asset allocation within these ranges and, in periods of extreme market conditions, to alter the ranges to protect members in this option. Details of any variations in the target asset allocation and investment ranges will be posted on this website.
Unit Price History in detail
Indirect Cost Ratio (ICR)
The Indirect Cost Ratio (ICR) for an investment option in MilitarySuper is the ratio of the option’s investment costs (and related fees) to the investment option’s average net assets during the year. This ratio is calculated annually effective 30 June.
The ICR for the Growth Option at 30 June 2011 is 1.0430%
Investment Managers
More Information
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For information about your superannuation entitlement, the payment of your benefit or about any other superannuation related matter, contact the Customer Service Centre.
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