New High Growth investment option now available for members

October 23, 2023

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TelstraSuper has launched a new High Growth investment option to provide members with exposure to assets that target greater returns over the long term, in return for a higher level of risk.

High Growth investment

Compared to the fund’s other investment options, High Growth has a tilt towards technology and other innovative companies in their early stage of growth, providing opportunities for potentially higher long-term returns.*

TelstraSuper Chief Investment Officer Graeme Miller says the High Growth option could appeal to members seeking higher long term returns who were comfortable with high levels of fluctuations in returns, particularly over the short term.

“Importantly, while the High Growth option has a larger allocation to listed equities compared to our other pre-mixed options, it also has a higher allocation to private markets, which cannot easily be accessed directly by members,” said Mr Miller. “The option is diversified across asset classes, countries and industries to spread risk and reduce market volatility.”

The option is made up of 90% “growth” assets and 10% “defensive” assets. This mixture of assets includes Australian and international shares, as well as private market investments such as venture capital. 

Mr Miller says the decision to introduce a new High Growth investment option follows a period of research and member feedback.

“We expect this new investment option to be particularly attractive to younger members who have plenty of time to ride out the ups and downs of more volatile investments.”

“We know that many of our members – especially our younger members – want exposure to long term growth and want part of their super to be invested in the technologies that will shape our future,” said Mr Miller.  

The High Growth option – which is now open to members - has an investment return objective to outperform CPI + 4.0% (for Accumulation and RetireAccess Transition to Retirement members) and outperform CPI + 4.5% (for RetireAccess income stream members).   It is designed for members with an investment timeframe of more than ten years.

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Thinking about switching your investment option? 

You can get help regarding which TelstraSuper investment option may be suitable for you over the phone at no additional cost – it's part of your membership. Simply give us a call on 1300 033 166.

Any general advice in this article has been prepared without taking into account your objectives, financial situation or needs. Before you act on any general advice 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 at www.telstrasuper.com.au or by calling 1300 033 166. 
*Investment performance is not guaranteed.
Any general advice has been prepared without taking into account your objectives, financial situation or needs. Before you act on any general advice, you should consider whether it is appropriate to your individual circumstances. Before making any decision, you should obtain and read the relevant Product Disclosure Statement and Target Market Determination or call us on 1300 033 166 for copies of these documents. 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.