Investment options - GESB Super


GESB Super is a taxed, market-linked super scheme that offers below-median1 fees and consistent and sound long-term investment returns.

To help you grow your super, we offer a range of investment plans targeting different levels of risk and return, designed to give you a choice in how your money is invested. You can choose one of the five Readymade plans below, or you can pick your own mix of investment assets. If you don't make a choice, the My GESB Super default plan, highlighted in grey below, will be chosen for you.

Plan details
Plan
Growth plan
Default plan
My GESB Super plan

Balanced plan

Conservative plan

Cash plan
Product dashboard Product dashboard Product dashboard Product dashboard Product dashboard
Level of investment risk by Standard Risk Measure bands High
6 out of 7
High
6 out of 7
Medium to high
5 out of 7
Medium
4 out of 7
Very low
1 out of 7
Investment return objective2 CPI** + 4.0% pa over rolling 10 year periods CPI** + 3.0% pa over rolling 7 year periods CPI** + 2.5% pa over rolling 6 year periods CPI** + 2.0% pa over rolling 5 year periods At least the Bloomberg AusBond Bank Bill Index over rolling 12 month periods
Growth/Defensive split^ 90/10 75/25 58/42 37/63 0/100
Level of investment risk - estimated number of negative annual returns over any 20 year period Less than 6 Less than 5 Less than 4 Less than 3 Negligible probability*
Investment timeframe 10 years 7 years 6 years 5 years Around 12 months
Statement of fees and other costs+ $471 $456 $401 $321 $201
Plan details Plan details Plan details Plan details Plan details

 

Net investment returns
Plan
Growth plan
Default plan
My GESB Super plan

Balanced plan

Conservative plan

Cash plan
Plan details Plan details Plan details Plan details Plan details
Actual returns last month (%) (Nov 2019) 2.21% 1.87% 1.61% 0.99% 0.09%
Actual returns FYTD (%) 4.94% 4.44% 3.80% 2.70% 0.55%
Actual returns 1 year (%) 14.78% 13.27% 12.07% 8.75% 1.67%
Actual returns 3 years (% pa) 9.69% 8.68% 7.94% 5.80% 1.77%
Actual returns 5 years (% pa) 7.98% 7.25% 6.55% 5.02% 1.93%
Actual returns 10 years (% pa) 8.54% 7.97% 7.47% 5.94% 2.71%
Actual returns since inception (% pa) 5.38% 5.41% 5.55% 4.91% 3.01%
Plan details Plan details Plan details Plan details Plan details

Net investment returns++ - updated monthly, returns are reported to the period ending 30 November 2019

Strategic Asset Allocation (SAA)
Plan
Growth plan
Default plan
My GESB Super plan

Balanced plan

Conservative plan

Cash plan
Plan details Plan details Plan details Plan details Plan details
Australian Shares
 
30%
 
25%
 
19%
 
12%
 
0%
International Shares
 
37%
 
30%
 
23%
 
15%
 
0%
Private Equity
 
3%
 
2%
 
1%
 
0%
 
0%
Property
 
8%
 
7%
 
6%
 
4%
 
0%
Infrastructure
 
4%
 
4%
 
3%
 
2%
 
0%
Medium Risk Alternatives
 
8%
 
7%
 
6%
 
4%
 
0%
Investment Grade Bonds
 
5%
 
15%
 
24%
 
26%
 
0%
Defensive Alternatives
 
3%
 
7%
 
10%
 
10%
 
0%
Cash
 
2%
 
3%
 
8%
 
27%
 
100%
Plan details Plan details Plan details Plan details Plan details
  • Asset type:
  • Growth
  • Defensive

Strategic Asset Allocation (SAA) - approved 3 September 2019

1 SuperRatings Smart database as at 31 May 2019. Based on an average balance of $50,000, GESB Super and West State Super's fees are below the industry median.

2 The investment return objective is the investment return all Readymade plans will seek to achieve after investment fees and taxes except for Cash, which will seek to achieve a return after investment fees only.

The risk level is based upon the Standard Risk Measure. The SRM is based on industry guidance developed to allow members to compare investment options that are expected to deliver a similar number of negative returns over a 20-year period.

* Negligible probability of a negative absolute return over any 12-month period.

** Consumer Price Index.

^ The Growth/Defensive split is the target allocation mix of Growth and Defensive assets.

+ Statement of fees and other costs are based on fees as at 2018/19 financial year. Includes all investment and administration fees and expenses for an account balance of $50,000. For more information, see the GESB Super schedule of fees. You should read all the information about fees and costs, because it is important to understand their impact on your investments.

++ All returns are reported net of Indirect Cost Ratio (ICR), are based on transactional prices, and include applicable taxes. The ICR includes all of the investment costs and any additional underlying costs relating to your investment.

Inception dates for GESB Super Readymade plans: My GESB Super 20 April 2007, Growth 23 April 2007, Balanced and Cash 31 May 2007 and Conservative 26 June 2007.

Our schemes are Exempt Public Sector Superannuation Schemes and are regulated by the WA State Government and not the Commonwealth Government.

The State Government guarantees to pay every benefit payable under a scheme, including the accumulation, retirement and defined benefit schemes. Benefit Payment Guarantee does not include investment market losses.

Performance information should be used as a guide only. The performance of your investment plan is not guaranteed and returns may move up or down depending on market conditions. Past performance should not be relied on as an indication of future performance. Changes in investment strategy, such as the appointment of new external investment managers, may impact future performance.