We're making changes to our investment options
June 20, 2023
We’re committed to providing our members with flexible investment options covering all major asset classes to suit all types of investors. We regularly review these options and changes are made from time to time.
Following our recent review, we’re making changes that will come into effect from 1 July 2023. These changes are designed to simplify our investment menu and make it easier for members to tailor their strategy to their specific needs.
Here’s a quick rundown of what’s changing on 1 July 2023
A new Moderate investment option
We’re introducing a new Moderate investment option, formed by combining our Diversified Income and the Defensive Growth investment options.
Historically, the Diversified Income and Defensive Growth investment options have had identical risk and return objectives and have delivered similar investment returns. Both investment options have had a proud track record of achieving competitive performance over the longer term*.
Importantly, the new Moderate investment option will have the same investment objectives and, risk and return objective as the Diversified Income and Defensive Growth investment options and a similar investment strategy.
The Moderate investment option is invested in a range of areas including Australian and international shares, property, infrastructure, bonds, credit, alternatives and cash – all with the aim of diversifying risk while delivering steady growth.
A new name for our Fixed Interest option
We’re changing the name of our Fixed Interest investment option to Diversified Bonds and Credit. This name change is designed to provide a clearer description of the assets in this option, which are primarily fixed interest securities such as government bonds; corporate bonds; floating rate notes; and mortgages or loans secured by property assets.
The Diversified Bonds and Credit investment option can be particularly well suited to those who are seeking an investment option where returns are determined by a combination of income payments and changes in capital values influenced by changes in interest rates. This option has higher expected long-term returns and risk than Cash and lower expected long-term returns and risk than Shares. It can deliver both positive and negative returns.
Changes for members who have retired
We’re combining the Defensive Growth investment option with the Lifestyle Moderate investment option. These two options have had identical risk and return objectives and competitive performance over the longer term.
Importantly, the Lifestyle Moderate option has the same return and risk objective as the Defensive Growth option and a similar investment strategy.
Like all our Lifestyle investment options, the Lifestyle Moderate option offers an optional Cash Allocation feature which can help provide investment flexibility by allocated some of your Moderate investment option to the Cash investment option each month.
Need some help?
We’re here to help you build a secure financial future. TelstraSuper Financial Planning can discuss your goals and give you advice about your TelstraSuper account over the phone at no additional cost – it’s part of your membership.
To speak to an Adviser from Telstra Super Financial Planning give us a call on 1300 033 166 or request a call back.
*Chant West Member Outcomes Dashboard. Refer to table on page 7 of the ‘TelstraSuper Annual Outcomes Assessment for Members’, available at telstrasuper.com.au. Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns.
This general advice has been prepared without taking into account your objectives, financial situation or needs. Before you act on any general advice o, you should consider whether it is appropriate to your individual circumstances. Before making any investment decision, you should obtain and read the relevant product disclosure statement which is available on the Website or by calling 1300 033 166 between 8.30 am and 5.30 pm (AEST) Monday to Friday. You may wish to consult an Adviser before you make any decisions relating to your financial affairs. To speak with an Adviser from TelstraSuper Financial Planning call 1300 033 166.