FAQs

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...

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...

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...

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...

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...

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...

Yes - you can view or download our full stock holdings for each asset class in our investment plans. This information is updated every six months.

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 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.

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

Investing in equities provides investors with ownership and, in most cases, voting rights. We request our external investment managers to vote on resolutions applicable to the securities they manage on our behalf, in line with our goals and responsibilities. Our investment managers engage with company management on a range...

We consider climate-related risk as part of the environment component of ESG, so it’s integrated into our overall ESG and responsible investment policy.

We are committed to transitioning the portfolio towards net zero carbon emissions by 2050, which is consistent with the goals of the Paris Agreement and in line...

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...

We believe effective stewardship can play a role in improving investee companies’ ESG practices as well as enhancing the long-term risk-adjusted returns of investments. Voting and engagement are important avenues to influence companies in which we invest.

Engagement seeks to have a positive influence on outcomes, rather than merely avoiding investments...

Yes – we exclude direct investments in tobacco companies, controversial weapons and nuclear weapons (including shares and bonds). For further details, see our ESG and Responsible Investment Policy.

GESB will generally only consider excluding a particular company or industry where it is unlikely to impede the long-term risk and return...

We believe that taking ESG risks into account during the investment process can improve returns and reduce risk for our members over the long term. Here’s how we do this:

• Investment strategyWe carry out annual scenario analysis to help understand and assess the potential impact that adverse climate change scenarios could...

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...

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...

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,...