With a Health Super accumulation account or pension account, you have a choice of six investment options, five Standard investment options and one Socially Responsible Investment (SRI) option.
| Standard options | SRI options |
| Long-Term Growth | Medium-Term Growth SRI |
|---|---|
| Medium-Term Growth | |
| Balanced | |
| Short-Term Conservative | |
| Stopover |
More information about the SRI option can be found on the Socially Responsible Investment page.
Standard options
Health Super invests to maximise investment returns by diversifying its investments across a range of asset classes, underlying investment managers and industry sectors.
Objectives of our investment options
The investment objectives and other characteristics (including risk profile) of each investment option is outlined below and in the Investment Guide.
Please note that the investment objectives relating to the Standard Medium-Term Growth and SRI Medium-Term Growth option are the same (although the strategy for achieving them may differ).
While the objectives for each of the investment options are expected to be achieved with reasonable probability over the rolling periods shown, the objectives are not a promise or guarantee of any particular return or benefit.
Annual returns may be volatile and negative returns may occur in any one or number of years. The expectation of negative returns has been determined over a number of years. Each of our investment options are invested in a mix of different assets and underlying managers with varying risk/return characteristics. This influences the level of risk and return shown for each option.
Asset allocations are reviewed formally at least once a year and the Trustee and its investment advisers constantly monitor our investments throughout the year.
Long-Term Growth (Only available as a Standard option)
- Higher level of risk
- Aims to achieve a return that exceeds inflation by 5.0% p.a. measured over rolling 5 year periods
- Has an expectation of a negative return 1 year in 5
- Has an investment period/horizon of 7 years or more
- Has the following benchmark asset allocation ranges
Medium-Term Growth (Standard and SRI available)
- High to medium level of risk
- Aims to achieve a return that exceeds inflation by 4.0% p.a. measured over rolling 5 year periods
- Has an expectation of a negative return 1 year in 7
- Has an investment period/horizon of 5 years or more
- Has the following benchmark asset allocation ranges.
Balanced (Only available as a standard option)
- Medium level of risk
- Aims to achieve a return that exceeds inflation by 3.5% p.a. measured over rolling 5 year periods
- Has an expectation of a negative return 1 year in 10
- Has an investment period/horizon of 5 years or more
- Has the following benchmark asset allocation ranges.
Short-Term Conservative (Only available as a standard option)
- Medium to low level of risk
- Aims to achieve a return that exceeds inflation by 2.5% p.a. measured over rolling 3 year periods
- Has an expectation of a negative return 1 year in 20
- Has an investment period/horizon of 3 years or more
- Has the following benchmark asset allocation ranges.
Stopover (only available as a Standard option)
- Lower level of risk
- Aims to achieve a return that exceeds inflation by 1.0% p.a. measured over rolling 3 year periods
- Has a negligible expectation of any negative returns
- Has an investment period/horizon of up to 3 years
- Has the following benchmark asset allocation ranges.
For more information about the Investment options refer to the Health Super Accumulation Product Disclosure Statement (PDS) and Investment Guide.