Investment options - West State Super
West State Super is an 'untaxed' scheme that is now closed to new members and has a number of unique features which you should be aware of.
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 as to how your money is invested. You can choose one of the four Readymade plans below, or you can pick your own mix of investment assets. If you don't make a choice, the My West State Super default plan, highlighted in blue below, will be chosen for you.
| Plan | Growth plan | Default plan My West State Super plan | Conservative plan | Cash plan |
|---|---|---|---|---|
| Product dashboard | Product dashboard | Product dashboard | Product dashboard | |
| Level of investment risk by Standard Risk Measure bands | High 6 out of 7 | Medium to high 5 out of 7 | Low to medium 3 out of 7 | Very low 1 out of 7 |
| Investment return objective | CPI** + 4.0% pa over rolling 10 year periods | CPI** + 3.0% pa over rolling 7 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^ | 80/20 | 65/35 | 32/68 | 0/100 |
| Level of investment risk - estimated number of negative annual returns over any 20 year period | Less than 6 | Less than 4 | Less than 2 | Negligible probability* |
| Investment timeframe | 10 years | 7 years | 5 years | Around 12 months |
| Statement of fees and other costs+ | $456 | $381 | $266 | $116 |
| Plan details | Plan details | Plan details | Plan details |
| Plan | Growth plan | Default plan My West State Super plan | Conservative plan | Cash plan |
|---|---|---|---|---|
| Plan details | Plan details | Plan details | Plan details | |
| Actual returns last month (%) (Dec 2018) | -2.20% | -1.83% | -0.54% | 0.18% |
| Actual returns FYTD (%) | -3.67% | -2.68% | -0.48% | 1.15% |
| Actual returns 1 year (%) | -1.12% | -0.36% | 1.15% | 2.21% |
| Actual returns 3 years (% pa) | 5.56% | 5.21% | 3.89% | 2.23% |
| Actual returns 5 years (% pa) | 6.30% | 5.87% | 4.42% | 2.46% |
| Actual returns 10 years (% pa) | 8.77% | 8.29% | 6.21% | 3.33% |
| Actual returns since inception (% pa) | 6.29% | 6.43% | 5.76% | 4.31% |
| Plan details | Plan details | Plan details | Plan details |
Net investment returns++ - updated monthly, returns are reported to the period ending 31 December 2018
| Plan | Growth plan | Default plan My West State Super plan | Conservative plan | Cash plan |
|---|---|---|---|---|
| Plan details | Plan details | Plan details | Plan details | |
| Australian Shares | 25% | 17% | 9.5% | 0% |
| International Shares | 31% | 31% | 11.5% | 0% |
| Private Equity | 4% | 2% | 1% | 0% |
| Property | 8% | 7% | 6% | 0% |
| Infrastructure | 2% | 2% | 2% | 0% |
| Medium Risk Alternatives | 10% | 6% | 2% | 0% |
| Investment Grade Bonds | 10% | 22% | 24% | 0% |
| Defensive Alternatives | 6% | 8% | 8% | 0% |
| Cash | 4% | 5% | 36% | 100% |
| Plan details | Plan details | Plan details | Plan details |
Strategic Asset Allocation (SAA) - approved 28 August 2018
Level of investment risk is defined by Standard Risk Measure. Find out more about the Standard Risk Measure.
* 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 2017/18 financial year. Includes all investment and administration fees and expenses for an account balance of $50,000. For more information, see the West State 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 before-tax, are net of Indirect Cost Ratio (ICR), and are based on transactional prices. The ICR includes all of the investment costs and any additional underlying cost relating to your investment.
Inception dates for all West State Super plans: 1 July 2001.
Our schemes are Exempt Public Sector Superannuation Schemes and are regulated by the State and not the Commonwealth. Performance information may not be calculated in the same way as other APRA-regulated superannuation funds therefore should not be relied upon for comparison purposes.
The State 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.