The great majority of our share portfolios are actively managed by professional fund managers. These professional fund managers analyse the global share market universe to try find the best companies to invest in, at the best price, and to ensure an appropriate level of diversification across the portfolio.

Our managers frequently make changes by buying and selling shares, based on the outlook for the company’s revenue and profits, as well as the market price of the companies’ shares.

We certainly aim to avoid investing in companies that have a high risk of insolvency. And during these uncertain times, our managers are paying more attention than ever to the strength of our companies’ balance sheets and their ability withstand financial pressures. If a company is facing an unacceptably high risk of going out of business, we would expect our managers to avoid buying shares in that company or to sell any shares that we already owned.

Unfortunately, one of the most high-profile recent corporate collapses in Australia was Virgin Australia airlines, but I’m pleased to say that TelstraSuper does not own any shares in this company.

Thanks once again for all of your questions. Please keep them coming by sending them to the email address on your screen, and I’ll make sure I address them in an upcoming video.