To build an investment portfolio to achieve the stated return objective within the stated risk parameters over the specified time frame.
Who should invest?
This option suits those who are seeking high growth and are comfortable with high levels of volatility in returns, particularly over the short-term. Compared to
the other options available in TelstraSuper, this option involves a higher level of risk to target greater returns over the longer term. As a result, the value of your investment may rise or fall in the short-term.
The Lifestyle Growth option has a strong bias towards growth assets, such as Australian and International Shares, with a smaller allocation towards defensive assets such as Cash.
Outperform CPI + 4.0% p.a.
For the purpose of setting and measuring the return objective, a time horizon of 8 years has been used.
The recommended investment timeframe for this option is 8 years. Members should consider investing in this option for at least a 6 to 8 year time-horizon. This timeframe provides an indication of the typical length of time over which investments in this option should be expected to be held.
Consistent with its higher return objective, the Lifestyle Growth option is expected to have the highest level of short-term investment risk of TelstraSuper's diversified investment options. This option's risk characteristics using TelstraSuper's four measures of investment risk are:
The Lifestyle Growth 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^
79.3% Growth assets
20.7% Defensive assets
Lifestyle Growth 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.
Lifestyle Growth option returns†
|TelstraSuper RetireAccess returns
|5 year returns
† 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.
Portfolio holdings disclosure
TelstraSuper is proud of our investment track record and approach to responsible investment. To provide a better understanding of what that means and how we invest our funds on behalf of our members, every 30 June and 31 December reporting date we take a “snapshot” of our portfolio holdings‡ and then break it down to show the investment allocations for each investment option. In line with current legislation, this information is made available within 90 days of each reporting date and is presented to meet the required reporting and formatting standards. For more information please see the Investments - Portfolio Holdings Disclosure section of our FAQs page.
Cash Allocation feature
Lifestyle investment options offer an optional Cash Allocation feature which can help provide investment flexibility by allocating some of your selected Lifestyle investment option(s) to the Cash investment option each month.
If you turn the Cash Allocation feature on, each month we will allocate funds to the Cash investment option from your chosen Lifestyle investment option using a declared cash allocation rate (see Lifestyle Growth Cash allocation rate History section below). The rate is determined on a monthly basis by the Trustee after considering the expected yield on the underlying assets.
When selecting a Lifestyle investment option(s) you will be required to nominate if this feature will be used. You may turn the Cash Allocation feature on or off at any time via your SuperOnline account or by completing an Investment Choice TelstraSuper RetireAccess form.
Lifestyle Growth Cash Allocation rate history
The Cash Allocation feature, where selected, will move amounts from the chosen Lifestyle investment option into the Cash investment option on a monthly basis. This declared cash allocation rate is determined by the Trustee monthly and may vary overtime. This rate is then used to convert some of the growth on your Lifestyle investment option into the Cash investment option on a monthly basis. The current cash allocation rate is shown in the table below. This shows the percentage amount of your Lifestyle investment option that is transferred into the Cash investment option on a monthly basis.
The table below contains the previous six months cash allocation rates applied to the Lifestyle (Growth) investment. For historical rates prior to this please view using the link directly below the table.
|Cash Allocation rate
|Effective start date
|Effective end date