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Make your personal contributions by 25 June 2024 to make sure they’re counted towards the 2023/24 financial year.

See important dates for more information.

Overview

Australian Shares is a low-cost, single asset class investment option. It invests in a range of companies listed on the Australian Securities Exchange (ASX). The option is passively managed.
 

Why you’d invest

This might be a suitable option if you:
 

  • are seeking strong long-term returns,
  • can accept the ups and downs of investing in the share market. This includes periods of negative returns, and
  • are prepared to stay invested in the option for 10 years or longer

Understanding passive management

Passive managers choose investments to form a portfolio that closely tracks a benchmark. A benchmark is a hypothetical portfolio of investment holdings. It represents a segment of a particular financial market. A benchmark (also known as an index) tracks the performance of a selected group of investments such as shares or bonds. Passive managers are sometimes known as index managers. They usually charge lower fees.

Account type

Investment Objective

To track the return of the Aware Super Custom Index on MSCI Australia Shares 300*, This is before taking into account fees, costs and tax.

*A custom index calculated by MSCI based on the Responsible Ownership criteria provided by Aware Super. For more information see Investment objectives and benchmarks.

Timeframe

10 years

Suited to investors who are prepared to invest in this option for 10 or more years.
 

Risk Level

7 - Very high

The estimated number of negative annual returns over any 20-year period is 6 or more times.

This is based on the Standard Risk Measure.
 

Cost of product for $50,000 account balance1

$167

Calculation of the fees and costs that can affect your super investment over a 1-year period.

Learn more about our fees and costs
 

1 The cost of product assumes a balance of $50,000. It includes administration fees. It also includes an estimate of ‘Investment fees and costs’ and ‘Transaction costs’. ‘Investment fees and costs’ and ‘Transaction costs’ are based on the fees and costs for the year ended 30 June 2023. Fees and costs can vary from year to year. The amount you’ll pay in future years will depend on the fees and costs incurred by the trustee in managing the investment option. Other fees and costs may apply. If you have insurance, premiums will apply. Refer to the relevant PDS or Handbook for more information.

Spreading your super across different types of assets is called diversification. This can help reduce the risk of negative returns. Keep in mind that if you:
 

  • choose one or more single asset class option, and
  • don’t adequately diversify your investments, you could be exposing your super to a greater risk of loss.

Strategic Asset Allocation

These are the target and asset allocation ranges for the option, effective 30 September 2023.

Scroll table horizontally on mobile

  Target  Range 
Australian shares  100% 95% - 100%
Cash 0% 0% - 5%

Investment Objective

To track the return of the Aware Super Custom Index on MSCI Australia Shares 300*, This is before taking into account fees, costs and tax.

*A custom index calculated by MSCI based on the Responsible Ownership criteria provided by Aware Super. For more information see Investment objectives and benchmarks.

Timeframe

10 years

Suited to investors who are prepared to invest in this option for 10 or more years.
 

Risk Level

7 - Very high

The estimated number of negative annual returns over any 20-year period is 6 or more times.

This is based on the Standard Risk Measure.
 

Cost of product for $50,000 account balance2

$207

Calculation of the fees and costs that can affect your super investment over a 1-year period.

Learn more about our fees and costs
 

2 The cost of product assumes a balance of $50,000. It includes administration fees. It also includes an estimate of ‘Investment fees and costs’ and ‘Transaction costs’. ‘Investment fees and costs’ and ‘Transaction costs’ are based on the fees and costs for the year ended 30 June 2023. Fees and costs can vary from year to year. The amount you’ll pay in future years will depend on the fees and costs incurred by the trustee in managing the investment option. Other fees and costs may apply. If you have insurance, premiums will apply. Refer to the relevant PDS or Handbook for more information.

Spreading your super across different types of assets is called diversification. This can help reduce the risk of negative returns. Keep in mind that if you:
 

  • choose one or more single asset class option, and
  • don’t adequately diversify your investments, you could be exposing your super to a greater risk of loss.

Strategic Asset Allocation

These are the target and asset allocation ranges for the option, effective 30 September 2023.

Scroll table horizontally on mobile

  Target  Range 
Australian shares 100% 95% - 100%
Cash 0% 0% - 5%

Investment Objective

To track the return of the Aware Super Custom Index on MSCI Australia Shares 300*, This is before taking into account fees, costs and tax.

*A custom index calculated by MSCI based on the Responsible Ownership criteria provided by Aware Super. For more information see Investment objectives and benchmarks.

Timeframe

10 years

Suited to investors who are prepared to invest in this option for 10 or more years.
 

Risk Level

7 - Very high

The estimated number of negative annual returns over any 20-year period is 6 or more times.

This is based on the Standard Risk Measure.
 

Cost of product for $50,000 account balance3

$207

Calculation of the fees and costs that can affect your super investment over a 1-year period.

Learn more about our fees and costs
 

3 The cost of product assumes a balance of $50,000. It includes administration fees. It also includes an estimate of ‘Investment fees and costs’ and ‘Transaction costs’. ‘Investment fees and costs’ and ‘Transaction costs’ are based on the fees and costs for the year ended 30 June 2023. Fees and costs can vary from year to year. The amount you’ll pay in future years will depend on the fees and costs incurred by the trustee in managing the investment option. Other fees and costs may apply. If you have insurance, premiums will apply. Refer to the relevant PDS or Handbook for more information.

Spreading your super across different types of assets is called diversification. This can help reduce the risk of negative returns. Keep in mind that if you:
 

  • choose one or more single asset class option, and
  • don’t adequately diversify your investments, you could be exposing your super to a greater risk of loss.

Strategic Asset Allocation

These are the target and asset allocation ranges for the option, effective 30 September 2023.

Scroll table horizontally on mobile

  Target  Range 
Australian shares 100% 95% - 100%
Cash 0% 0% - 5%

You can choose to invest in one option or a combination of options. And you can switch your investment options at any time for free.

View our forms and resources page to download important documents

Frequently asked questions

We’re here to help you achieve your financial goals. We can provide simple financial advice, over the phone, to answer any questions.

You can speak to a qualified financial planner who can help you make investment choices that meet your financial goals.

Book an appointment