Our Balanced Socially Conscious option is managed with specific restrictions and exclusions known as screens.1 It seeks to avoid or restrict investments in certain industries and companies considered to have a highly adverse environmental or social impact.
It is mostly invested in growth assets like shares and private equity. It has a target split of 75% growth assets and 25% defensive assets.
This option is not available to members with a Retirement Income account.
This might be a suitable option if you:
This option has been certified by the Responsible Investment Association Australasia under the Responsible Investment Certification Program*
Some screens are subject to materiality thresholds. Refer to the "Socially Conscious diversified investment options" section of the relevant PDS or Handbook for more information, or see here.
Investment Objective
(after fees, costs and tax) over rolling 10-year periods.
Timeframe
Suited to investors who are prepared to invest in this option for 7 or more years.
Risk
Short-term risk:
6 - High
Long-term risk:
2 - Low
Estimated number of negative annual returns over any 20-year period: 4 to less than 6 times.
Cost of product for $50,000 account balance2
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, other than performance fees which are a 5-year average. 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.
This is the target percentage that will be invested in growth assets and defensive assets.
Scroll table horizontally on mobile
| Target | Range | |
|---|---|---|
| Growth assets | 75% | 55% - 95% |
| Defensive assets | 25% | 5% - 45% |
These are the target and asset allocation ranges for the option, effective 30 September 2024.
Scroll table horizontally on mobile
| Target | Range | |
|---|---|---|
| Australian shares | 22% | 12% - 32% |
| International shares | 33.5% | 23% - 44% |
| Private equity | 6% | 0% - 26% |
| Infrastructure | 11.5% | 0% - 32% |
| Property | 6.5% | 0% - 27% |
| Liquid alternatives (Growth) | 0% | 0% - 10% |
| Liquid alternatives (Defensive) | 0% | 0% - 20% |
| Credit income | 5% | 0% - 25% |
| Fixed income | 10% | 0% - 25% |
| Cash | 5.5% | 0% - 45% |
| Currency exposure | 22.5% | 0% - 44% |
Investment Objective
(after fees, costs and tax) over rolling 10-year periods.
Timeframe
Suited to investors who are prepared to invest in this option for 7 or more years.
Risk
Short-term risk:
6 - High
Long-term risk:
2 - Low
Estimated number of negative annual returns over any 20-year period: 4 to less than 6 times.
Cost of product for $50,000 account balance3
Calculation of the fees and costs that can affect your super investment over a 1-year period.
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, other than performance fees which are a 5-year average. 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.
This is the target percentage that will be invested in growth assets and defensive assets.
Scroll table horizontally on mobile
| Target | Range | |
|---|---|---|
| Growth assets | 75% | 55% - 95% |
| Defensive assets | 25% | 5% - 45% |
These are the target and asset allocation ranges for the option, effective 30 September 2024.
Scroll table horizontally on mobile
| Target | Range | |
|---|---|---|
| Australian shares | 22% | 12% - 32% |
| International shares | 33.5% | 23% - 44% |
| Private equity | 6% | 0% - 26% |
| Infrastructure | 11.5% | 0% - 32% |
| Property | 6.5% | 0% - 27% |
| Liquid alternatives (Growth) | 0% | 0% - 10% |
| Liquid alternatives (Defensive) | 0% | 0% - 20% |
| Credit income | 5% | 0% - 25% |
| Fixed income | 10% | 0% - 25% |
| Cash | 5.5% | 0% - 45% |
| Currency exposure | 22.5% | 0% - 44% |
*This investment option has been certified by the Responsible Investment Association Australasia under the Responsible Investment Certification Program. The Certification Symbol signifies that a product or service offers an investment style that takes into account certain environmental, social, governance or ethical considerations. The Symbol also signifies that the Aware Super Balanced Socially Conscious option adheres to the strict operational and disclosure practices required under the Responsible Investment Certification Program for the category of Superfund Option. The Certification Symbol is a Registered Trade Mark of the Responsible Investment Association Australasia (RIAA). Detailed information about RIAA, the Symbol and Aware Super’s methodology and performance can be found at responsiblereturns.com.au, together with details about other responsible investment products certified by RIAA. The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.
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