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
- Future Saver
- Retirement Transition
- Retirement Income^
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.
Timeframe
10 years
Suited to investors who are prepared to invest in this option for 10 or more years.
Risk
Short-term risk:
7 - Very High
Long-term risk:
2 - Low
Estimated number of negative annual returns over any 20-year period: 6 or more times.
Cost of product for $50,000 account balance1
$157
Calculation of the fees and costs that can affect your super investment over a 1-year period.
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 2024. 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 of the single asset class investment options, and
- don’t adequately diversify your investments,
you could be exposing your super to greater risk.
Asset Allocation
These are the target and asset allocation ranges for the option, effective 30 September 2024.
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.
Timeframe
10 years
Suited to investors who are prepared to invest in this option for 10 or more years.
Risk
Short-term risk:
7 - Very High
Long-term risk:
2 - Low
Estimated number of negative annual returns over any 20-year period: 6 or more times.
Cost of product for $50,000 account balance2
$197
Calculation of the fees and costs that can affect your super investment over a 1-year period.
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 2024. 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 of the single asset class investment options, and
- don’t adequately diversify your investments,
you could be exposing your super to greater risk.
Asset Allocation
These are the target and asset allocation ranges for the option, effective 30 September 2024.
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.
Timeframe
10 years
Suited to investors who are prepared to invest in this option for 10 or more years.
Risk
Short-term risk:
7 - Very High
Long-term risk:
2 - Low
Estimated number of negative annual returns over any 20-year period: 6 or more times.
Cost of product for $50,000 account balance3
$197
Calculation of the fees and costs that can affect your super investment over a 1-year period.
^As the Aware Super Term Allocated Pension (TAP) invests in the same way as Aware Super Retirement Income, this information also applies to members in the TAP.
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 2024. 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. 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 of the single asset class investment options, and
- don’t adequately diversify your investments,
you could be exposing your super to greater risk.
Asset Allocation
These are the target and asset allocation ranges for the option, effective 30 September 2024.
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.
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.