What’s the difference between the Sustainable Balanced plan and the other balanced plans?

There are several differences between the Sustainable Balanced plan and GESB’s balanced options, namely My West State Super and GESB Super Balanced plans.

The Sustainable Balanced plan has a higher risk level than our balanced plans, with a more growth-orientated mix of investments. However, it remains within the SuperRatings defined range for a Balanced option. The investment return objective also differs.

You can see where the Sustainable Balanced plan sits on the risk scale for GESB Super investment plans on our What risk means for your super page.

The risk scale of West State Super investment plans can be viewed on the Super investment options page.

The Sustainable Balanced plan also has a higher investment return objective, corresponding to the higher level of risk.

What each plan invests in also differs. The Sustainable Balanced plan only invests in liquid assets. It does not invest in unlisted property, unlisted infrastructure and private equity.

The Sustainable Balanced plan uses a single investment manager to invest across a range of asset classes. All other Readymade options use multiple managers within each asset class.

We recommend you compare the investment plans for your scheme and seek advice from a suitably qualified financial adviser to make sure you understand the differences before making any changes to your investment plan.

For an overview of GESB Super and West State Super investment options, go to Super investment options.

You can also read the Investment choice brochure for more information.