FAQs

We’ve answered some of our frequently asked questions (or FAQ's) for you on this page. To find an answer to your question, you can search for keywords in the search box or choose from the categories and topics along the side of the page.

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  1. Fully-matching results

  2. How can I compare my current plan to the new Sustainable Balanced plan?

  3. What are the risks for unit pricing?

    For us, and other funds that unitise their investments, the risk of unit pricing errors is one of our most significant operational risks. We have robust processes in place to keep any risk of pricing errors to a minimum.

  4. Can I see the unit price history?

    Yes. As unit prices change daily, you can see the unit price history of your investment plan, or any of our other plans, on our unit price page. You can also call us on 13 43 72 for unit pricing information or find step-by-step instructions on

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  5. Why can’t I see historical performance for the Sustainable Balanced plan?

    We report on plan performance for the past month, one year, three years, five years and 10 years.

    As the Sustainable Balanced plan was launched on 27 September 2023, there is not enough data available to provide historical performance for the required reporting periods.

    Once we have received the data for the...

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  6. Does the Sustainable Balanced plan invest in renewables?

    Within the Alternatives asset class, the Sustainable Balanced plan invests in listed infrastructure securities with an emphasis on operating infrastructure assets in wind and solar alongside exposure to other diversifying sectors.

    For details about the Sustainable Balanced plan criteria, read the Investment choice brochure (for GESB Super or West State...

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  7. What environmental, social and governance (ESG) criteria is applied to the Sustainable Balanced plan?

    The investments within each asset class are assessed or selected based on different criteria. In general, the ESG criteria set by Pendal covers issues such as environmental management, social practices, corporate governance and ethical practices.

    You can find some examples in our Sustainable Balanced plan article.

    Details can be found in...

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  8. What is daily forward unit pricing?

    Forward unit pricing means that the unit price we declare for any given day is based on the value of our assets at the close of business that day.

    We work out the unit price for Monday, for example, based on the value of our assets at the close of business...

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  9. Do you have a socially responsible investment option?

    Yes, our Sustainable Balanced investment plan has been available for GESB Super, West State Super and Retirement Income Allocated Pension members since 27 September 2023.

    At GESB, we believe it’s important to consider and manage environmental, social and governance (ESG) risk across all investments. For this reason, we integrate ESG into...

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  10. Does the Sustainable Balanced plan invest in fossil fuels?

    A fossil fuel exclusion is applied to the Sustainable Balanced plan, with varying definitions and revenue thresholds adopted across asset classes.

    For example, within the Australian Shares asset class for the Sustainable Balanced plan, the portfolio does not invest in companies which directly extract or explore fossil fuels (i.e, coal, oil...

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  11. How does the Sustainable Balanced plan align with GESB’s overall approach to responsible investing?

    GESB incorporates ESG considerations throughout the investment process, starting with setting the investment strategy through to engaging with investee companies and proxy voting.

    For the Sustainable Balanced plan, Pendal is the investment manager. Pendal’s integration of ESG considerations is an extension of our approach to responsible investing. When determining the...

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  12. 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...

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  13. When will my investment switch take effect?

    You can choose to change or ‘switch’ the investment plan for your GESB Super, West State Super or Retirement Income account at any time. To do this, you can either:

    • Submit an investment plan change through Member Online
    • Complete and send...
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  14. What is unit pricing?

    Like many other funds, we value your account using units.

    When you, or your employer, make a contribution to your account, you purchase units in your investment plan. The units change in value as the value of the underlying asset classes (which make up the various investment plans) either increase or...

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  15. How to check unit prices

    We use unit prices to value your investment in GESB Super, West State Super, RI Allocated Pension, Transition to Retirement Pension and RI Term Allocated Pension. You can search for unit prices dating back to 1 July 2001 or when your investment plan was introduced.

    If you’re talking to an adviser,...

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