New sustainable investment plan available
27 September 2023
Our Sustainable Balanced investment plan is now available for your clients who are members of GESB Super, West State Super and the Retirement Income Allocated Pension.
This plan enhances our whole-of-portfolio approach to responsible investing and gives members the option to invest their super with a greater focus on environmental, social and governance (ESG) considerations.
About the Sustainable Balanced plan
The Sustainable Balanced plan is a Readymade plan which invests in a range of asset classes that are selected to meet stricter ESG criteria. It also places greater emphasis on exclusions.
Sustainable Balanced plan details
The below information applies to the Sustainable Balanced investment plan for GESB Super, West State Super and the Retirement Income Allocated Pension.
| Who might choose it? | This might suit members who want to invest with a greater focus on environmental, social and governance considerations by managing exposures to certain industries. Also, a high level of fluctuation in investment returns from year to year should be accepted, for an increased likelihood of strong earnings. |
|---|---|
Investment return objective1 | To achieve a return of CPI2 + 3.0% p.a. over rolling 7 year periods |
| Investment risk label3 | High |
| Investment risk band3 | 6 |
| Minimum investment timeframe | 7 years |
| Level of investment risk – estimated number of negative returns over any 20-year period3 | Less than 5 |
| Growth/Defensive split | 72/28 |
Strategic Asset Allocation approved 3 August 2023
| Target | Percentage (%) | Allowable range |
|---|---|---|
| Australian Shares | 26% | 12% - 40% |
| International Shares | 34% | 20% - 48% |
| Private Equity | 0% | 0% - 6% |
| Property | 4% | 0% - 20% |
| Infrastructure | 0% | 0% - 12% |
| Medium Risk Alternatives | 16% | 0% - 30% |
| Investment Grade Bonds | 16% | 0% - 50% |
| Defensive Alternatives | 0% | 0% - 12% |
| Cash | 4% | 0% - 25% |
Fees and costs
The statement of fees and costs for the Sustainable Balanced plan per scheme are outlined below.
Cost per year is calculated for a member with an account balance of $50,000.
| Scheme | Annual fees and costs |
|---|---|
GESB Super | $421 |
West State Super | $361 |
Retirement Income Allocated Pension | $335 |
More information on fees and costs is available in the relevant Schedule of fees brochure or the Retirement Income Pension Product Information Booklet.
What the Sustainable Balanced plan invests in
For members to get an indication of what the Sustainable Balanced plan may be invested in, they can view a list of indicative holdings as of 30 June 2023.
How members can switch plans
Members can make an investment switch through Member Online or complete an Investment choice form for their relevant account and send it to us by email or post.
1 The investment return objective is the investment return the Sustainable Balanced plan will seek to achieve after investment fees and taxes for GESB Super and Retirement Income Allocated Pension and after investment fees only for West State Super.
2 Consumer Price Index (CPI).
3 Based on the Standard Risk Measure.
More information
- See our super investment options or retirement investment options for more about the relevant Sustainable Balanced plans
- See frequently asked questions about the Sustainable Balanced plan
- Read our Investment choice brochure and Product Information Booklets for information about the investment options available for GESB Super, West State Super and the Retirement Income Allocated Pension
- Read our Responsible investing page to learn how we take environmental, social and governance (ESG) factors into account throughout the investment process
Thank you for printing this page. Remember to come back to gesb.wa.gov.au for the latest information as our content is updated regularly. This information is correct as at 23 June 2026.