Fixed Interest

Objective

To build an investment portfolio to achieve the stated return objective within the stated risk parameters over the specified timeframe. In the short-term, returns can be negative from time to time.

Who should invest?

Those who are seeking an investment option where returns are determined by a combination of income payments and changes in capital values caused by changes in interest rates. Generally provides lower risk and returns than shares, but can still deliver negative return.

Investment strategy

The Fixed Interest option invests primarily in Australian and International Fixed Interest Securities, including fixed, variable and floating interest rate securities issued by government bodies and companies, as well as asset and mortgage-backed securities and mortgages or loans secured by property assets. It may also have exposure to Cash, up to a maximum of 50%.

Return objective

Outperform CPI.

Investment timeframe

2 to 4 year periods.

Risk objective

A low to medium level of risk expected to generate 1 to less than 2 negative annual returns over any 20 period.

Long-term strategic investment mix

100% defensive assets

Fixed Interest option investment mix and asset ranges*

Fixed interest pie chart

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 long-term investment mix is used as a strategic guide for investing. This split of assets can vary from time to time as investment in each asset class may vary within the allowable ranges.

Fixed Interest option returns

  Accumulation returns TelstraSuper RetireAccess returns
2015/2016 4.67% 5.31%
2014/2015 3.90% 4.52%
2013/2014 5.77% 6.65%
2012/2013 4.41% 5.10%
2011/2012 7.67% 8.98%
5 year returns 5.28% 6.10%

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.

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.