We invest in equity instruments of entities that are listed on the Australian stock market. Investments may be direct or unitised and may include long/short equity funds.
The top stock holdings shown represent 42% of the total holdings for Australian Shares across all our investments.
Please note: any exposure to derivatives for risk management purposes including futures, options, etc are not included in the top stock holdings listing above.
This portfolio holdings information is correct as at 31 December 2024.
International Shares
Top stock holdings across all our investments
Company
Sector
% of assets
APPLE INC
INFORMATION TECHNOLOGY
3.87%
MICROSOFT CORP
INFORMATION TECHNOLOGY
3.62%
NVIDIA CORP
INFORMATION TECHNOLOGY
3.37%
ALPHABET INC
COMMUNICATION SERVICES
3.00%
AMAZON.COM INC
CONSUMER DISCRETIONARY
2.80%
TAIWAN SEMICONDUCTOR MANUFACTURING CO LT
INFORMATION TECHNOLOGY
1.95%
META PLATFORMS INC
COMMUNICATION SERVICES
1.47%
VISA INC
FINANCIALS
1.28%
TELSA INC
CONSUMER DISCRETIONARY
1.17%
BROADCOM INC
INFORMATION TECHNOLOGY
1.06%
Sector distribution
Top countries across all our investments
We invest in equity instruments of entities that are listed on a developed or developing country's public stock exchange. Investments may be direct or unitised and may include long/short equity funds.
The top stock holdings shown represent 24% of the total holdings for International Shares across all our investments.
Please note: any exposure to derivatives for risk management purposes including currency, forward exchange contracts, futures, options etc aren't included in the top stock holdings listing above.
This portfolio holdings information is correct as at 31 December 2024.
Private Equity
Top countries across all accounts
We invest in Private Equity by investing in unlisted Australian Shares, unlisted International Shares and certain types of unlisted Australian and International Equity. This also includes certain types of unlisted Property and debt.
Please note: investments in the Private Equity asset class are only available for Readymade plan options.
This portfolio holdings information is correct as at 31 December 2024.
Listed Property
Top security holdings across all our investments
Top securities
Country
% of assets
EQUINIX INC
UNITED STATES
5.89%
WELLTOWER INC
UNITED STATES
5.81%
PROLOGIS INC
UNITED STATES
4.89%
DIGITAL REALTY TRUST INC
UNITED STATES
4.55%
SIMON PROPERTY GROUP INC
UNITED STATES
3.02%
VENTAS INC
UNITED STATES
2.55%
EQUITY RESIDENTIAL
UNITED STATES
2.40%
KIMCO REALTY CORP
UNITED STATES
2.06%
PUBLIC STORAGE
UNITED STATES
1.90%
REALTY INCOME CORP
UNITED STATES
1.87%
Sector allocation
We invest in unlisted, real Property funds and in Real Estate Investment Trusts (REITs) listed on an Australian or overseas stock exchange. This also includes other listed securities which derive their income predominantly from real Property rents, Capital growth and Property services.
This page details our Listed Property holdings.
Note the Mix Your plan Property option only invests in Listed Property investments, not Unlisted Property.
The top security holdings shown represent 35% of the total holdings for Listed Property across all our investments.
Please note: any exposure to derivatives for risk management purposes including currency, forward exchange contracts, futures, etc are not included in the top security holdings listing.
This portfolio holdings information is correct as at 31 December 2024.
We invest in unlisted, real Property funds and in Real Estate Investment Trusts (REITs) listed on an Australian or overseas stock exchange. This also includes other listed securities which derive their income predominantly from real Property rents, Capital growth and Property services.
This page details our Unlisted Property holdings.
Note the Mix Your plan Property option only invests in Listed Property investments, not Unlisted Property.
The top security holdings shown represent 100% of the total holdings for Unlisted Property across all our investments.
Please note: any exposure to derivatives for risk management purposes including currency, forward exchange contracts, futures, etc are not included in the top security holdings listing.
This portfolio holdings information is correct as at 31 December 2024.
Infrastructure
Top security holdings across all our investments
Top securities
% of assets
MORRISON & CO*
36.61%
IFM INVESTORS*
22.11%
NEXTERA ENERGY INC
1.91%
ENTERGY CORP
1.58%
PG&E CORP
1.51%
TC ENERGY CORP
1.41%
UNION PACIFIC CORP
1.37%
CSX CORP
1.28%
AENA SME SA
1.25%
SEVERN TRENT PLC
1.14%
We may invest in unlisted Infrastructure assets and funds in Australia and overseas. We may also invest in listed Infrastructure vehicles that trade on both Australian and overseas stock markets.
* This security is classified as unlisted Infrastructure.
The top security holdings shown represent 70% of the total holdings for Infrastructure across all our investments.
Please note: investments in the Infrastructure asset class are only available for Readymade plan options.
This portfolio holdings information is correct as at 31 December 2024.
Medium Risk Alternatives
Top security holdings across all our investments
Top securities
% of assets
BLACKROCK MULTI FUND*
40.82%
SCHRODER REAL RETURN FUND*
27.99%
RENAISSANCERE MEDICI FUND LTD*
12.35%
CHALLENGER *
10.52%
U S ACUTE CARE SOLUTIONS
0.10%
DRYDEN 83 CLO LTD
0.09%
PVTPL XPO INC
0.09%
PVTPL MINERVA MERGER SUB INC
0.09%
OPTION CARE HEALTH INC
0.09%
PVTPL COTY INC
0.09%
We may invest in listed and unlisted funds that invest in Medium Risk Alternative asset classes, or that utilise Medium Risk Alternative strategies. The Medium Risk Alternative investments category may include absolute return funds, private debt, high yield debt, commodities and financial derivatives. It can also include investment strategies that gain exposure to traditional asset classes, using dynamic investment approaches.
* This security is classified as a unit trust.
The top security holdings shown represent 92% of the total holdings for Medium Risk Alternatives across all our investments.
Please note: investments in the Medium Risk Alternative asset class are only available for Readymade plan options.
This portfolio holdings information is correct as at 31 December 2024.
Investment Grade Bonds
Top issuers across all our investments
Top securities
% of assets
COMMONWEALTH OF AUSTRALIA
10.21%
FEDERAL NATIONAL MORTGAGE ASSOC (FNMA)
6.63%
VICTORIA TREASURY CORP
5.85%
QUEENSLAND TREASURY CORP
3.72%
NEW SOUTH WALES TREASURY CORP
3.35%
FEDERAL HOME LOAN MORTGAGE CORP
2.66%
WESTPAC BANKING CORPORATION
2.11%
GOVERNMENT OF JAPAN
1.93%
NATIONAL AUSTRALIA BANK
1.89%
ANZ GROUP HOLDINGS LIMITED
1.74%
Investment Grade Bonds include fixed, floating and inflation-linked debt instruments. Please note: the Mix Your plan Fixed Interest option has exposure to the Investment Grade Bonds asset class.
The top issuers shown represent 40% of the total holdings for Investment Grade Bonds across all our investments.
Please note: any exposure to derivatives for risk management purposes including currency, forward exchange contracts, futures, interest rate swaps, etc are not included in the holdings listing.
This portfolio holdings information is correct as at 31 December 2024.
Defensive Alternatives
Top issuers across all our investments
Top securities
% of assets
ARDEA REAL OUTCOME FUND*
22.45%
GOVERNMENT OF JAPAN
8.87%
ANZ GROUP HOLDINGS LIMITED
4.03%
COMMONWEALTH BANK OF AUSTRALIA
3.84%
WESTPAC BANKING CORPORATION
3.70%
NATIONAL AUSTRALIA BANK
3.47%
REPUBLIC OF ITALY
3.37%
INTL BK RECON & DEVELOP
2.44%
NEW SOUTH WALES TREASURY CORP
1.82%
BK NEDERLANDSE GEMEENTEN
1.27%
Defensive Alternatives includes fixed, floating and inflation-linked debt instruments issued by governments and corporations.
* This security is classified as a unit trust.
The top issuers shown represent 55% of the total holdings for Defensive Alternatives across all our investments.
Please note: any exposure to derivatives for risk management purposes including currency, forward exchange contracts, futures, interest rate swaps, etc are not included in the top issuer holdings listing.
This portfolio holdings information is correct as at 31 December 2024.
Cash
Top issuers across all investments
Top securities
% of assets
WESTPAC BANKING CORPORATION
27.14%
COMMONWEALTH BANK OF AUSTRALIA
24.22%
NORTHERN TRUST CORPORATION
13.90%
NATIONAL AUSTRALIA BANK LIMITED
8.41%
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD
4.61%
UNITED OVERSEAS BANK LTD
3.16%
BENDIGO & ADELAIDE BANK LTD
2.73%
MACQUARIE INVESTMENT MANAGEMENT LTD
2.66%
OCBC BANK
2.64%
NORFINA
1.75%
Cash includes a range of bank deposits and short-term debt securities issued by Australian governments and corporations.
The top issuers shown represent 91% of the total holdings for Cash across all our investments.
Please note: any exposure to derivatives for risk management purposes are not included in the top issuers holdings listing.
This portfolio holdings information is correct as at 31 December 2024.
Portfolio holdings for Sustainable Balanced plan
Below we’ve provided a full list of stock holdings in the Sustainable Balanced plan, held via investment in the Pendal Sustainable Balanced Fund.
This portfolio holdings information is correct as of 31 December 2024 and has been provided by the investment manager, Pendal Institutional Limited.
RI Allocated Pension Australian Shares derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
0
0.00%
Futures
-28,594
-0.02%
Options
0
0.00%
Other
0
0.00%
Total
-0.02%
RI Allocated Pension Balanced plan derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
2,096,983
0.05%
Forwards
-53,442,325
-1.35%
Futures
202,805
0.01%
Options
327,423
0.01%
Other
0
0.00%
Total
-1.28%
RI Allocated Pension Cash derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
0
0.00%
Futures
-4,247
0.00%
Options
0
0.00%
Other
0
0.00%
Total
0.00%
RI Allocated Pension Conservative plan derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
1,189,209
0.08%
Forwards
-14,848,434
-1.06%
Futures
268,955
0.02%
Options
146,870
0.01%
Other
0
0.00%
Total
-0.95%
RI Allocated Pension Fixed Interest derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
71,142
0.09%
Forwards
-1,542,569
-1.88%
Futures
-1,683
0.00%
Options
29,167
0.04%
Other
0
0.00%
Total
-1.75%
RI Allocated Pension Growth plan derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
31,126
0.01%
Forwards
-6,631,604
-1.44%
Futures
-50,496
-0.01%
Options
12,885
0.00%
Other
0
0.00%
Total
-1.44%
RI Allocated Pension International Shares derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
-2,939,165
-2.62%
Futures
-9,933
-0.01%
Options
0
0.00%
Other
0
0.00%
Total
-2.63%
RI Allocated Pension Property derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
-1,387,336
-5.40%
Futures
-2,641
-0.01%
Options
0
0.00%
Other
0
0.00%
Total
-5.41%
RI Term Allocated Pension Australian Shares derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
0
0.00%
Futures
-257
-0.02%
Options
0
0.00%
Other
0
0.00%
Total
-0.02%
RI Term Allocated Pension Fixed Interest derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
16
0.09%
Forwards
-344
-1.86%
Futures
0
0.00%
Options
7
0.04%
Other
0
0.00%
Total
-1.73%
RI Term Allocated Pension International Shares derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
-4,788
-2.63%
Futures
-16
-0.01%
Options
0
0.00%
Other
0
0.00%
Total
-2.64%
RI Term Allocated Pension Property derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
0
0.00%
Futures
0
0.00%
Options
0
0.00%
Other
0
0.00%
Total
0.00%
RI Term Allocated Pension Cash derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
0
0.00%
Futures
-6
0.00%
Options
0
0.00%
Other
0
0.00%
Total
0.00%
RI Term Allocated Pension Conservative plan derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
1,423
0.08%
Forwards
-17,771
-1.06%
Futures
322
0.02%
Options
176
0.01%
Other
0
0.00%
Total
-0.95%
RI Term Allocated Pension Growth plan derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
96
0.01%
Forwards
-20,445
-1.44%
Futures
-156
-0.01%
Options
40
0.00%
Other
0
0.00%
Total
-1.44%
RI Term Allocated Pension Balanced plan derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
3,851
0.05%
Forwards
-98,133
-1.35%
Futures
372
0.01%
Options
601
0.01%
Other
0
0.00%
Total
-1.28%
Transition to Retirement Australian Shares derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
0
0.00%
Futures
-2,502
-0.02%
Options
0
0.00%
Other
0
0.00%
Total
-0.02%
Transition to Retirement Balanced plan derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
195,950
0.05%
Forwards
-4,993,846
-1.36%
Futures
18,959
0.01%
Options
30,596
0.01%
Other
0
0.00%
Total
-1.29%
Transition to Retirement Cash derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
0
0.00%
Futures
-406
0.00%
Options
0
0.00%
Other
0
0.00%
Total
0.00%
Transition to Retirement Conservative plan derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
40,223
0.08%
Forwards
-502,229
-1.06%
Futures
9,097
0.02%
Options
4,968
0.01%
Other
0
0.00%
Total
-0.95%
Transition to Retirement Fixed Interest derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
5,711
0.09%
Forwards
-123,827
-1.86%
Futures
-135
0.00%
Options
2,341
0.04%
Other
0
0.00%
Total
-1.73%
Transition to Retirement Growth plan derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
7,144
0.01%
Forwards
-1,522,143
-1.45%
Futures
-11,586
-0.01%
Options
2,958
0.00%
Other
0
0.00%
Total
-1.45%
Transition to Retirement International Shares derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
-273,413
-2.63%
Futures
-924
-0.01%
Options
0
0.00%
Other
0
0.00%
Total
-2.64%
Transition to Retirement Property derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
-132,159
-5.41%
Futures
-252
-0.01%
Options
0
0.00%
Other
0
0.00%
Total
-5.42%
West State Super My wss plan derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
7,968,602
0.05%
Forwards
-230,647,885
-1.54%
Futures
919,205
0.01%
Options
1,244,217
0.01%
Other
0
0.00%
Total
-1.47%
West State Super Australian Shares derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
0
0.00%
Futures
-112,986
-0.02%
Options
0
0.00%
Other
0
0.00%
Total
-0.02%
West State Super Cash derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
0
0.00%
Futures
-6,960
0.00%
Options
0
0.00%
Other
0
0.00%
Total
0.00%
West State Super Conservative plan derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
830,755
0.08%
Forwards
-11,144,193
-1.14%
Futures
192,033
0.02%
Options
102,600
0.01%
Other
0
0.00%
Total
-1.03%
West State Super Fixed Interest derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
134,447
0.09%
Forwards
-2,915,164
-1.87%
Futures
-3,180
0.00%
Options
55,120
0.04%
Other
0
0.00%
Total
-1.74%
West State Super Growth plan derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
227,794
0.01%
Forwards
-57,386,000
-1.71%
Futures
-321,864
-0.01%
Options
94,303
0.00%
Other
0
0.00%
Total
-1.71%
West State Super International Shares derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
-12,642,642
-2.63%
Futures
-42,722
-0.01%
Options
0
0.00%
Other
0
0.00%
Total
-2.64%
West State Super Property derivatives
Derivatives by kind of derivatives
Kind of derivative
Market Value (AUD)
Weighting (%)
Swaps
0
0.00%
Forwards
-6,516,057
-5.40%
Futures
-12,406
-0.01%
Options
0
0.00%
Other
0
0.00%
Total
-5.41%
Balances for Futures, Options and FX are based on the profit or loss of the assets at the time of reporting and not the notional value. This may lead to negative amounts being displayed for these holdings.
Derivatives by Asset Class
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
4.29%
-0.52%
Fixed income
18.69%
0.14%
Equities
57.71%
0.38%
Property
7.77%
0.00%
Infrastructure
5.42%
0.00%
Alternatives
6.13%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
2.66%
-1.13%
Fixed income
0.03%
0.00%
Equities
90.47%
1.13%
Property
5.86%
0.00%
Infrastructure
0.98%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
7.13%
-0.83%
Fixed income
36.00%
0.55%
Equities
42.90%
0.28%
Property
5.40%
0.00%
Infrastructure
3.97%
0.00%
Alternatives
4.60%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
96.96%
0.00%
Fixed income
3.04%
0.00%
Equities
0.00%
0.00%
Property
0.00%
0.00%
Infrastructure
0.00%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
22.01%
0.21%
Fixed income
42.92%
-0.37%
Equities
25.75%
0.16%
Property
2.97%
0.00%
Infrastructure
2.51%
0.00%
Alternatives
3.83%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-1.37%
-7.66%
Fixed income
101.37%
7.66%
Equities
0.00%
0.00%
Property
0.00%
0.00%
Infrastructure
0.00%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
4.41%
-0.71%
Fixed income
5.11%
0.24%
Equities
70.66%
0.47%
Property
8.19%
0.00%
Infrastructure
5.51%
0.00%
Alternatives
6.13%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-0.19%
-0.28%
Fixed income
0.04%
0.00%
Equities
99.01%
0.28%
Property
0.85%
0.00%
Infrastructure
0.30%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-2.91%
-0.47%
Fixed income
0.04%
0.00%
Equities
11.33%
0.47%
Property
79.29%
0.00%
Infrastructure
12.26%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
2.87%
-1.12%
Fixed income
0.03%
0.00%
Equities
90.27%
1.12%
Property
5.85%
0.00%
Infrastructure
0.98%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
7.35%
-0.71%
Fixed income
33.91%
0.40%
Equities
44.56%
0.32%
Property
5.59%
0.00%
Infrastructure
4.00%
0.00%
Alternatives
4.60%
0.00%
Total
0.01%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
96.96%
0.00%
Fixed income
3.04%
0.00%
Equities
0.00%
0.00%
Property
0.00%
0.00%
Infrastructure
0.00%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
22.94%
0.13%
Fixed income
46.98%
-0.27%
Equities
20.87%
0.14%
Property
2.88%
0.00%
Infrastructure
2.49%
0.00%
Alternatives
3.83%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-2.11%
-7.71%
Fixed income
102.11%
7.71%
Equities
0.00%
0.00%
Property
0.00%
0.00%
Infrastructure
0.00%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
4.38%
-1.10%
Fixed income
10.26%
0.63%
Equities
65.52%
0.47%
Property
8.22%
0.00%
Infrastructure
5.50%
0.00%
Alternatives
6.13%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-0.41%
-0.28%
Fixed income
0.03%
0.00%
Equities
99.23%
0.28%
Property
0.85%
0.00%
Infrastructure
0.30%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-2.98%
-0.47%
Fixed income
0.03%
0.00%
Equities
11.34%
0.47%
Property
79.35%
0.00%
Infrastructure
12.27%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
2.78%
-1.12%
Fixed income
0.03%
0.00%
Equities
90.35%
1.12%
Property
5.85%
0.00%
Infrastructure
0.98%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-1.37%
-7.66%
Fixed income
101.37%
7.66%
Equities
0.00%
0.00%
Property
0.00%
0.00%
Infrastructure
0.00%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-0.49%
-0.28%
Fixed income
0.03%
0.00%
Equities
99.31%
0.28%
Property
0.85%
0.00%
Infrastructure
0.30%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
100.00%
0.00%
Fixed income
0.00%
0.00%
Equities
0.00%
0.00%
Property
0.00%
0.00%
Infrastructure
0.00%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
96.96%
0.00%
Fixed income
3.04%
0.00%
Equities
0.00%
0.00%
Property
0.00%
0.00%
Infrastructure
0.00%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
22.97%
0.13%
Fixed income
46.97%
-0.27%
Equities
20.86%
0.14%
Property
2.88%
0.00%
Infrastructure
2.49%
0.00%
Alternatives
3.83%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
4.31%
-1.10%
Fixed income
10.26%
0.63%
Equities
65.57%
0.47%
Property
8.22%
0.00%
Infrastructure
5.50%
0.00%
Alternatives
6.13%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
7.27%
-0.71%
Fixed income
33.94%
0.40%
Equities
44.60%
0.32%
Property
5.60%
0.00%
Infrastructure
4.00%
0.00%
Alternatives
4.60%
0.00%
Total
0.01%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
2.78%
-1.12%
Fixed income
0.03%
0.00%
Equities
90.35%
1.12%
Property
5.85%
0.00%
Infrastructure
0.98%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
7.11%
-0.71%
Fixed income
33.99%
0.40%
Equities
44.68%
0.32%
Property
5.61%
0.00%
Infrastructure
4.01%
0.00%
Alternatives
4.61%
0.00%
Total
0.01%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
96.96%
0.00%
Fixed income
3.04%
0.00%
Equities
0.00%
0.00%
Property
0.00%
0.00%
Infrastructure
0.00%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
22.97%
0.13%
Fixed income
46.97%
-0.27%
Equities
20.86%
0.14%
Property
2.88%
0.00%
Infrastructure
2.49%
0.00%
Alternatives
3.83%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-1.37%
-7.66%
Fixed income
101.37%
7.66%
Equities
0.00%
0.00%
Property
0.00%
0.00%
Infrastructure
0.00%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
3.96%
-1.11%
Fixed income
10.29%
0.63%
Equities
65.82%
0.48%
Property
8.25%
0.00%
Infrastructure
5.52%
0.00%
Alternatives
6.15%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-0.49%
-0.28%
Fixed income
0.03%
0.00%
Equities
99.31%
0.28%
Property
0.85%
0.00%
Infrastructure
0.30%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-3.12%
-0.47%
Fixed income
0.03%
0.00%
Equities
11.35%
0.47%
Property
79.46%
0.00%
Infrastructure
12.28%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
7.03%
-0.65%
Fixed income
33.96%
0.40%
Equities
45.21%
0.26%
Property
5.25%
0.00%
Infrastructure
3.95%
0.00%
Alternatives
4.60%
0.00%
Total
0.01%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
2.79%
-1.12%
Fixed income
0.03%
0.00%
Equities
90.34%
1.12%
Property
5.85%
0.00%
Infrastructure
0.98%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
96.96%
0.00%
Fixed income
3.04%
0.00%
Equities
0.00%
0.00%
Property
0.00%
0.00%
Infrastructure
0.00%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
22.89%
0.16%
Fixed income
46.97%
-0.27%
Equities
21.11%
0.11%
Property
2.73%
0.00%
Infrastructure
2.47%
0.00%
Alternatives
3.83%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-1.87%
-7.70%
Fixed income
101.87%
7.70%
Equities
0.00%
0.00%
Property
0.00%
0.00%
Infrastructure
0.00%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
3.92%
-1.02%
Fixed income
10.27%
0.63%
Equities
66.50%
0.39%
Property
7.73%
0.00%
Infrastructure
5.44%
0.00%
Alternatives
6.14%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-0.51%
-0.28%
Fixed income
0.03%
0.00%
Equities
99.33%
0.28%
Property
0.85%
0.00%
Infrastructure
0.30%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Asset class
Actual asset allocation
Effect of derivatives exposure
Cash
-2.89%
-0.47%
Fixed income
0.04%
0.00%
Equities
11.32%
0.47%
Property
79.27%
0.00%
Infrastructure
12.25%
0.00%
Alternatives
0.00%
0.00%
Total
0.00%
Derivatives by Currency
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
52.88%
29.90%
USD
29.88%
-19.76%
Currencies of other developed markets
12.75%
-8.25%
Currencies of emerging markets
4.50%
-1.89%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
99.93%
0.00%
USD
0.00%
0.00%
Currencies of other developed markets
0.07%
0.00%
Currencies of emerging markets
0.00%
0.00%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
56.37%
32.46%
USD
26.44%
-19.92%
Currencies of other developed markets
13.47%
-10.55%
Currencies of emerging markets
3.73%
-1.99%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
100.00%
0.00%
USD
0.00%
0.00%
Currencies of other developed markets
0.00%
0.00%
Currencies of emerging markets
0.00%
0.00%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
67.02%
27.31%
USD
19.01%
-15.47%
Currencies of other developed markets
11.50%
-10.29%
Currencies of emerging markets
2.47%
-1.55%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
52.18%
57.13%
USD
25.39%
-32.13%
Currencies of other developed markets
20.15%
-21.42%
Currencies of emerging markets
2.29%
-3.58%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
50.08%
27.89%
USD
32.43%
-19.63%
Currencies of other developed markets
12.21%
-6.35%
Currencies of emerging markets
5.28%
-1.91%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
1.43%
47.50%
USD
62.01%
-33.35%
Currencies of other developed markets
23.81%
-10.06%
Currencies of emerging markets
12.76%
-4.09%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
7.88%
95.22%
USD
64.04%
-67.95%
Currencies of other developed markets
23.79%
-21.91%
Currencies of emerging markets
4.29%
-5.35%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
99.93%
0.00%
USD
0.00%
0.00%
Currencies of other developed markets
0.07%
0.00%
Currencies of emerging markets
0.00%
0.00%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
58.86%
30.56%
USD
24.96%
-18.75%
Currencies of other developed markets
12.69%
-9.96%
Currencies of emerging markets
3.49%
-1.85%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
100.00%
0.00%
USD
0.00%
0.00%
Currencies of other developed markets
0.00%
0.00%
Currencies of emerging markets
0.00%
0.00%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
69.39%
27.31%
USD
17.30%
-15.11%
Currencies of other developed markets
11.28%
-10.70%
Currencies of emerging markets
2.03%
-1.49%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
51.82%
57.57%
USD
25.58%
-32.38%
Currencies of other developed markets
20.30%
-21.58%
Currencies of emerging markets
2.30%
-3.61%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
54.12%
27.67%
USD
29.65%
-19.07%
Currencies of other developed markets
11.68%
-6.78%
Currencies of emerging markets
4.56%
-1.82%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
1.20%
47.61%
USD
62.15%
-33.43%
Currencies of other developed markets
23.86%
-10.08%
Currencies of emerging markets
12.78%
-4.10%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
7.81%
95.29%
USD
64.09%
-68.00%
Currencies of other developed markets
23.80%
-21.93%
Currencies of emerging markets
4.30%
-5.36%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
99.93%
0.00%
USD
0.00%
0.00%
Currencies of other developed markets
0.07%
0.00%
Currencies of emerging markets
0.00%
0.00%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
52.18%
57.13%
USD
25.39%
-32.13%
Currencies of other developed markets
20.15%
-21.42%
Currencies of emerging markets
2.29%
-3.58%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
1.13%
47.65%
USD
62.20%
-33.45%
Currencies of other developed markets
23.88%
-10.09%
Currencies of emerging markets
12.79%
-4.11%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
100.00%
0.00%
USD
0.00%
0.00%
Currencies of other developed markets
0.00%
0.00%
Currencies of emerging markets
0.00%
0.00%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
100.00%
0.00%
USD
0.00%
0.00%
Currencies of other developed markets
0.00%
0.00%
Currencies of emerging markets
0.00%
0.00%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
69.40%
27.30%
USD
17.29%
-15.11%
Currencies of other developed markets
11.28%
-10.70%
Currencies of emerging markets
2.02%
-1.49%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
54.08%
27.70%
USD
29.67%
-19.09%
Currencies of other developed markets
11.69%
-6.79%
Currencies of emerging markets
4.56%
-1.83%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
58.82%
30.58%
USD
24.99%
-18.76%
Currencies of other developed markets
12.70%
-9.97%
Currencies of emerging markets
3.49%
-1.85%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
99.93%
0.00%
USD
0.00%
0.00%
Currencies of other developed markets
0.07%
0.00%
Currencies of emerging markets
0.00%
0.00%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
58.75%
30.64%
USD
25.03%
-18.80%
Currencies of other developed markets
12.73%
-9.99%
Currencies of emerging markets
3.50%
-1.86%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
100.00%
0.00%
USD
0.00%
0.00%
Currencies of other developed markets
0.00%
0.00%
Currencies of emerging markets
0.00%
0.00%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
69.40%
27.30%
USD
17.29%
-15.11%
Currencies of other developed markets
11.28%
-10.70%
Currencies of emerging markets
2.02%
-1.49%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
52.18%
57.14%
USD
25.39%
-32.14%
Currencies of other developed markets
20.15%
-21.42%
Currencies of emerging markets
2.29%
-3.58%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
53.91%
27.80%
USD
29.79%
-19.16%
Currencies of other developed markets
11.73%
-6.81%
Currencies of emerging markets
4.58%
-1.83%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
1.13%
47.65%
USD
62.20%
-33.45%
Currencies of other developed markets
23.88%
-10.09%
Currencies of emerging markets
12.79%
-4.11%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
7.68%
95.42%
USD
64.18%
-68.10%
Currencies of other developed markets
23.84%
-21.96%
Currencies of emerging markets
4.30%
-5.36%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
51.87%
33.94%
USD
29.36%
-21.12%
Currencies of other developed markets
14.38%
-10.68%
Currencies of emerging markets
4.39%
-2.14%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
99.93%
0.00%
USD
0.00%
0.00%
Currencies of other developed markets
0.07%
0.00%
Currencies of emerging markets
0.00%
0.00%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
100.00%
0.00%
USD
0.00%
0.00%
Currencies of other developed markets
0.00%
0.00%
Currencies of emerging markets
0.00%
0.00%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
66.45%
28.72%
USD
19.16%
-16.11%
Currencies of other developed markets
11.99%
-11.00%
Currencies of emerging markets
2.41%
-1.62%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
51.93%
57.43%
USD
25.52%
-32.30%
Currencies of other developed markets
20.26%
-21.53%
Currencies of emerging markets
2.30%
-3.60%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
44.10%
32.51%
USD
35.96%
-22.47%
Currencies of other developed markets
14.09%
-7.81%
Currencies of emerging markets
5.85%
-2.24%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
1.11%
47.66%
USD
62.21%
-33.46%
Currencies of other developed markets
23.89%
-10.09%
Currencies of emerging markets
12.80%
-4.11%
Currency exposure
Actual currency exposure
Effect of derivatives exposure
AUD
7.90%
95.20%
USD
64.03%
-67.94%
Currencies of other developed markets
23.78%
-21.91%
Currencies of emerging markets
4.29%
-5.35%
Cash balances may appear as negative due to items such as pending trades.
Cash balances may appear as negative due to items such as pending trades.
We invest in Private Equity by investing in unlisted Australian Shares, unlisted International Shares and certain types of unlisted Property and Debt. Cash balances may appear as negative due to items such as pending trades.
We invest in listed Property trusts that trade on both the Australian and overseas stock markets. We also invest in unlisted Property trusts that aren’t traded on stock markets. We don’t invest in direct Property assets. Note the Mix Your plan Property option only invests in Listed Property investments, not Unlisted Property. Cash balances may appear as negative due to items such as pending trades.
We invest in a range of Infrastructure assets. These can include unlisted portfolios of Australian and overseas Infrastructure assets, as well as listed Infrastructure investments which are traded on both Australian and overseas stock markets. We don’t invest in direct property assets. Cash balances may appear as negative due to items such as pending trades.
We invest in a range of Alternative investments. We distinguish between lower risk ‘Defensive’ Alternatives and moderate to high risk ‘Medium Risk’ Alternatives for asset allocation purposes. Cash balances may appear as negative due to items such as pending trades.
Investment Grade Bonds include fixed, floating and inflation-linked debt instruments. Please note: the Mix Your plan Fixed Interest option has exposure to the Investment Grade Bonds asset class. Cash balances may appear as negative due to items such as pending trades.
We invest in a range of Alternative investments. We distinguish between lower risk ‘Defensive’ Alternatives and moderate to high risk ‘Medium Risk’ Alternatives for asset allocation purposes. Balances for Futures, options, and FX are based on the profit or loss of the asset at the time of reporting, and not the notional value. This may lead to negative amounts being displayed for these holdings. All Cash holdings are reported in Australian dollars. Cash balances may appear as negative due to items such as pending trades. Tax accrual items are to cover the tax due on profits within the Investment option. A fee accrual is an accrual to cover the investment costs of the Investment option.
We invest in a range of bank deposits and short-term Debt securities that are issued by Australian governments and corporations. Cash balances may appear as negative due to items such as pending trades.
We invest in listed Property trusts that trade on both the Australian and overseas stock markets. We also invest in unlisted Property trusts that aren’t traded on stock markets. We don’t invest in direct Property assets. Note the Mix Your plan Property option only invests in Listed Property investments, not Unlisted Property. Cash balances may appear as negative due to items such as pending trades.
Page last updated 27 March 2025
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This information is correct as at 18 May 2025.
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