Return target

The return target is currently 3% p.a. above inflation, after fees and taxes, over rolling 10-year periods. Future returns are not guaranteed.

Return

The compounded net return over ten years to 30 June 2021 is 8.25% p.a.

Level of investment risk

Medium to high. The probability of this option earning a negative return is approximately every 3 to less than 4 years out of every 20 years. The higher the expected return target, the more often you would expect a year of negative returns.

Statement of fees and other costs

Fees and other costs for a member with a $50,000 balance: $537.60 per year as at 1 July 2021.

Comparison between return target and return

The graph allows you to compare the return from the MySuper balanced option to the return target over a 10-year period.

High chart to go here

Past performance is not an indication of future returns.

One-year return

The blue bars show the annual returns of the MySuper balanced option as an annual percentage earned over one year and as a rolling ten-year return to 30 June of each year. The returns are net of taxation, administration and investment fees and other costs.

Ten-year return

Illustrated by the pink line, the Ten-year return is the return (net of taxation, administration and investment fees and other costs) calculated using the returns for each of the years in the ten-year period.

Ten-year return target

Illustrated by the light blue line, the Ten-year return target is the rolling ten-year target return (net of taxation, administration and investment fees and other costs) plus growth in the consumer price index (CPI) and is calculated using the target returns for each year in the prior ten-year period.