Investment options - RI Term Allocated Pension Mix Your plan


An RI Term Allocated Pension is a retirement income product that was closed to new members in 2007. A term allocated pension provides you with a regular income stream for a set period of time that is determined by you.

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 or personally select to invest your super in any single asset class, or a mixture of all five asset classes called Mix Your plan. Find out more about making an investment plan choice.

Plan details
Plan Australian Shares
International Shares
Property
Fixed Interest
Cash
Product dashboard Product dashboard Product dashboard Product dashboard Product dashboard
Level of investment risk by Standard Risk Measure bands Very high
7 out of 7
High
6 out of 7
Very high
7 out of 7
Medium
4 out of 7
Very low
1 out of 7
Investment return objective To outperform the plan's benchmark index over rolling 3 year periods To outperform the plan's benchmark index over rolling 3 year periods To outperform the plan's benchmark index over rolling 3 year periods To outperform the plan's benchmark index over rolling 3 year periods To achieve a return of at least the Bloomberg AusBond Bank Bill Index over rolling 12 month periods
Growth/Defensive split^ 100/0 100/0 100/0 0/100 0/100
Level of investment risk - estimated number of negative annual returns over any 20 year period Greater than 6 Less than 6 Greater than 6 Less than 3 Negligible probability*
Investment timeframe 10 years or more 10 years or more 10 years or more 1 to 3 years Around 12 months
Statement of fees and other costs+ $400 $325 $400 $255 $170
Plan details Plan details Plan details Plan details Plan details
Net investment returns
Plan Australian Shares
International Shares
Property
Fixed Interest
Cash
Plan details Plan details Plan details Plan details Plan details
Actual returns last month (%) (Jul 2019) 2.97% 1.12% 0.88% 0.86% 0.14%
Actual returns FYTD (%) 2.97% 1.12% 0.88% 0.86% 0.14%
Actual returns 1 year (%) 11.61% 7.52% 5.83% 9.31% 1.92%
Actual returns 3 years (% pa) 10.95% 11.94% 3.60% 3.33% 1.57%
Actual returns 5 years (% pa) 8.45% 10.31% 6.85% 3.76% 1.74%
Actual returns 10 years (% pa) 9.43% 10.78% 11.49% 5.48% 2.59%
Actual returns since inception (% pa) 7.76% 5.88% 4.07% 5.22% 3.28%
Plan details Plan details Plan details Plan details Plan details

Net investment returns++ - updated monthly, returns are reported to the period ending 31 July 2019

Strategic Asset Allocation (SAA)
Plan Australian Shares
International Shares
Property
Fixed Interest
Cash
Plan details Plan details Plan details Plan details Plan details
Australian Shares
 
100%
 
0%
 
0%
 
0%
 
0%
International Shares
 
0%
 
100%
 
0%
 
0%
 
0%
Property
 
0%
 
0%
 
100%
 
0%
 
0%
Fixed Interest
 
0%
 
0%
 
0%
 
100%
 
0%
Cash
 
0%
 
0%
 
0%
 
0%
 
100%
Plan details Plan details Plan details Plan details Plan details
  • Asset type:
  • Growth
  • Defensive

Strategic Asset Allocation (SAA) - approved 28 August 2018

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.

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

+ Fees displayed are as at 2019/20 financial year. For information on other fees and costs, see our service fees article.

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

All Mix Your plan strategies may contain a small strategic allocation to Cash for liquidity purposes. Mix Your plan Property option generally only invests in listed Property investments and is 100% hedged in Australian dollars. Mix Your plan International Shares is partially hedged into Australian dollars. Mix Your plan Fixed Interest invests in Investment Grade Bonds.

Inception dates RI Term Allocated Pension Mix Your plan: Cash 22 July 2005, Fixed Interest, Property, International Shares and Australian Shares 16 February 2006.

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.