MySuper product dashboard
TelstraSuper's MySuper Lifecycle consists of four investment stages: MySuper Growth for members aged under 50, MySuper Balanced for members aged 50 to under 65, MySuper Moderate for members aged 65 to 70 and MySuper Conservative for members aged 70 and over.
The Product Dashboard below is legislatively mandated and is designed to provide members with a snapshot of investment performance, risk, and fees and costs associated with TelstraSuper's MySuper Lifecycle. The Product Dashboard is based on our understanding of the calculations and other requirements prescribed by the law (including regulatory standards) applicable to a product dashboard.
Please note:
- The return target is an estimate of the expected return above inflation over a ten year period for the investment option after taxes, fees and costs. Return targets have been calculated in accordance with applicable legislation for a member with a $50,000 balance. Return Targets differ from the return objectives set by the Trustee and set out in TelstraSuper’s Investment Guide. As the return target is a prediction only, there is no guarantee that the return target will be actually achieved or exceeded in any period.
- Returns for MySuper Growth, MySuper Balanced, MySuper Moderate and MySuper Conservative take into account the historical investment history of the Growth, Balanced, Moderate and Conservative investment options offered by TelstraSuper as default investment strategies prior to the commencement of TelstraSuper's MySuper arrangement, subject to prescribed or allowable adjustments.
- The investment returns displayed in the Product Dashboard are based on returns (net of applicable fees and costs) during the periods shown and reflect (as required) the highest fee levels (where TelstraSuper has had multiple fee levels in the past).
- The statement of fees and costs is for one year based on fees and costs applicable to accumulation members in the MySuper arrangement (assuming a $50,000 account balance). It does not reflect all fees and costs that may apply (for example, activity fees and insurance fees aren’t included).
- The returns displayed in the Product Dashboard are not the same or equivalent to investment returns reported elsewhere by TelstraSuper and may not equate to the investments returns allocated to your account during the periods shown. The allocation of investment returns to your account depends on a range of factors including when money moves into and out of your account.
For further information about TelstraSuper's MySuper Lifecycle, refer to the TelstraSuper Personal Plus Product Disclosure Statement and TelstraSuper Corporate Plus Product Disclosure Statement.
Investment or other decisions relating to your TelstraSuper account should be made having regard to the relevant product disclosure statement.