To build an investment portfolio to achieve the stated return objective within the stated risk parameters over the specified timeframe.
Who should invest?
This option suits those who are seeking growth and are comfortable with volatility of returns, particularly over the short term. This option is designed to provide lower levels of risk and return than the Growth option, but higher long term returns than the Conservative and Cash options.
The Balanced option has a moderate bias towards growth assets, such as Australian and International Shares, balanced by an allocation towards defensive assets such as Fixed Interest Securities and Cash.
Corporate Plus and Personal Plus members: Outperform CPI + 3% p.a.
RetireAccess members: Outperform CPI + 3.5% p.a.
5 - 10 year periods.
The Balanced option is expected to provide lower levels of return and short-term investment risk than the Growth option, but higher levels than the Defensive Growth and Conservative options. This option’s risk characteristics using TelstraSuper’s four measures of investment risk are summarised in the diagrams below:
The Balanced option’s Standard Risk Measure* is for a “high” level of risk expected to generate 4 to less than 6 negative annual returns over any 20 year period.
Long-term strategic investment mix^
69% Growth assets
31% Defensive assets
Balanced option investment mix and asset ranges
The aim of this information is to provide members with investment objective and strategy details (including investment mix) that we consider members reasonably need to understand the fund's investments and reflect the manner in which objectives and strategies have been formulated by the Trustee pursuant to superannuation law and discretionary powers under the Trust Deed.
* The Standard Risk Measure is a standardised way of communicating investment risk that has been developed by the Association of Superannuation Funds of Australia (ASFA) and the Financial Services Council (FSC)
^The long-term investment mix is used as a strategic guide for investing. This split of defensive and growth assets can vary from time to time as investment in each asset class may vary within the allowable ranges.
Balanced option returns†
|Accumulation returns||TelstraSuper RetireAccess returns|
|5 year returns||5.15%||5.71%|
† Past performance is not a reliable indicator of future performance. The accumulation investment returns are net of investment fees and investment taxes, but before deducting any administration fee or indirect administration cost. The TelstraSuper RetireAccess investment returns are net of investment fees but before deducting any administration fee or indirect administration cost.