Overview
Our Conservative option is a diversified option with a target split of 38% growth assets and 62% defensive assets. It’s designed for members seeking a diversified option with more stable, but modest, returns.
Our Conservative option is a diversified option with a target split of 38% growth assets and 62% defensive assets. It’s designed for members seeking a diversified option with more stable, but modest, returns.
This might be a suitable option if you:
Did you know?
The investment objective, mix of assets and fees may be different depending on your account type (Future Saver, Retirement Transition or Retirement Income).
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 4 or more years.
Risk Level
The estimated number of negative annual returns over any 20-year period is 2-3 times.
This is based on the Standard Risk Measure.
Cost of product for $50,000 account balance1,2
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 2023, 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.
2 While the Conservative option is new, it is based on a historical VicSuper investment option. The amounts shown reflect the historical fees and costs of that investment option. VicSuper was a division of Aware Super. On 11 May 2023 VicSuper members were moved into the Aware Super division of the fund and this investment option was retained and renamed an Aware option.
This is the target percentage that will be invested in growth assets and defensive assets.
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Target | Range | |
---|---|---|
Growth assets | 38% | 18% - 58% |
Defensive assets | 62% | 42% - 82% |
These are the target and asset allocation ranges for the option, effective 30 September 2023.
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Target | Range | |
---|---|---|
Australian equities | 8.5% | 0% - 19% |
International equities | 13% | 3% - 23% |
Private equity | 3% | 0% - 23% |
Infrastructure & real assets | 10% | 0% - 30% |
Property | 8% | 0% - 28% |
Liquid alternatives (Growth) | 0% | 0% - 10% |
Liquid alternatives (Defensive) | 0% | 0% - 20% |
Credit income | 7% | 0% - 27% |
Fixed income | 20% | 0% - 40% |
Cash | 30.5% | 0% - 75% |
Currency exposure | 8.5% | 0% - 23% |
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 4 or more years.
Risk Level
The estimated number of negative annual returns over any 20-year period is 2-3 times.
This is based on the Standard Risk Measure.
Cost of product for $50,000 account balance3,4
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 2023, 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.
4 While the Conservative option is new, it is based on a historical VicSuper investment option. The amounts shown reflect the historical fees and costs of that investment option. VicSuper was a division of Aware Super. On 11 May 2023 VicSuper members were moved into the Aware Super division of the fund and this investment option was retained and renamed an Aware option.
This is the target percentage that will be invested in growth assets and defensive assets.
Scroll table horizontally on mobile
Target | Range | |
---|---|---|
Growth assets | 38% | 18% - 58% |
Defensive assets | 62% | 42% - 82% |
These are the target and asset allocation ranges for the option, effective 30 September 2023.
Scroll table horizontally on mobile
Target | Range | |
---|---|---|
Australian shares | 8.5% | 0% - 19% |
International shares | 13% | 3% - 23% |
Private equity | 3% | 0% - 23% |
Infrastructure | 10% | 0% - 30% |
Property | 8% | 0% - 28% |
Liquid alternatives (Growth) | 0% | 0% - 10% |
Liquid alternatives (Defensive) | 0% | 0% - 20% |
Credit income | 7% | 0% - 27% |
Fixed income | 20% | 0% - 40% |
Cash | 30.5% | 0% - 75% |
Currency exposure | 8.5% | 0% - 23% |
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 4 or more years.
Risk Level
The estimated number of negative annual returns over any 20-year period is 1-2 times.
This is based on the Standard Risk Measure.
Cost of product for $50,000 account balance4,5
Calculation of the fees and costs that can affect your super investment over a 1-year period.
4 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, 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.
5 While the Conservative option is new, it is based on a historical VicSuper investment option. The amounts shown reflect the historical fees and costs of that investment option. VicSuper was a division of Aware Super. On 11 May 2023 VicSuper members were moved into the Aware Super division of the fund and this investment option was retained and renamed an Aware option.
This is the target percentage that will be invested in growth assets and defensive assets.
Scroll table horizontally on mobile
Target | Range | |
---|---|---|
Growth assets | 38% | 18% - 58% |
Defensive assets | 62% | 42% - 82% |
These are the target and asset allocation ranges for the option, effective 30 September 2023.
Scroll table horizontally on mobile
Target | Range | |
---|---|---|
Australian shares* | 9% | 0% - 19% |
International shares* | 11.5% | 1% - 22% |
Private equity | 3% | 0% - 23% |
Infrastructure | 10% | 0% - 30% |
Property | 8% | 0% - 28% |
Liquid alternatives (Growth) | 0% | 0% - 10% |
Liquid alternatives (Defensive) | 2% | 0% - 22% |
Credit income | 7% | 0% - 27% |
Fixed income | 20% | 0% - 40% |
Cash | 29.5% | 0% - 75% |
Currency exposure | 7.5% | 0% - 22% |
*Note the equities investments for Retirement Income accounts have a focus on companies that are defensively positioned for this option. By contrast, the equities portfolios for Future Saver and Retirement Transition accounts have a greater focus on growth. Please refer to the ‘We invest differently in retirement to help safeguard your super savings’ section in the Retirement Income PDS for more information.
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