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Comparison between Return target and Return

Return

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For the year ended Return
30 Jun 2017 11.37 %
30 Jun 2016 3.65 %
30 Jun 2015 10.19 %
30 Jun 2014 12 %
30 Jun 2013 14.78 %
30 Jun 2012 0.17 %
30 Jun 2011 9.7 %
30 Jun 2010 3.56 %
30 Jun 2009 -16.22 %
30 Jun 2008 -7.52 %

Return target

4.0% pa

To outperform CPI (after tax and investment expenses) by at least 4.0% pa over the long term

Level of investment risk

Medium-high

Likelihood of negative returns - less than 4 in 20 years

Statement of fees and other costs

$759

For a member with a $50,000 balance

Suitability

Members who seek moderate to high returns over the medium to long-term and are prepared to accept some fluctuation in returns over the short-term

Investment style

Invests in a diversified range of investments, a mixture of growth and defensive assets

Time horizon

7 years or longer

10 Year Average Return as at 30 Jun 2017

3.72 %


Definitions and key terms

  • Comparison between return target and return

    These graphs show the net investment return achieved by the investment option for each full financial year of the last 10 years. Where that option has been in operation for less than 10 years, the graphs show the returns for the full financial years since inception.

    Please note: Where the option has been in operation for less than 10 years there is no 10 year moving average return or 10 year moving average return target.

  • CPI

    Refers to the Consumer Price Index, an inflationary indicator that measures the change in the cost of a fixed basket of products and services, as released by the Australian Bureau of Statistics.

  • Investment objective

    The return expectations of the portfolio based on the current strategic asset allocation and our estimates of return expectations across the various asset classes that the Fund invests in. It is expected that the Fund will deliver this investment objective over a specified time period.

  • Investment risk

    Shows the level of investment risk associated with the investment option, in accordance with the prescribed risk labels set out in the Standard Risk Measure developed by the Association of Superannuation Funds of Australia and the Financial Services Council.

  • Return

    The investment return reported is as required by law. It is the investment return less the cost of investing and less administration fees and costs, based on an account balance of $50,000. This return is not equivalent to the investment return reported elsewhere by the Fund, and may not be the return actually credited to your account. This is the return of the investment option over either the last 10 whole financial years or, if the option and any predecessor option has been offered for less than 10 financial years, since inception of the investment option.

  • Return Target

    The return target is a measure that is required to be disclosed by law, it is not a measure the Fund uses in portfolio construction, nor is it a measure of the return expectations of the Fund.

    The return target is an estimate of the average return that can be expected from the portfolio over a 10-year rolling period, based on the strategic asset allocation of the Fund as it is currently structured. This means that roughly 50% of the time the portfolio will deliver a return that exceeds the return target and 50% of the time the portfolio delivers a return that is below the return target.

    Obtaining a return that is equal to the return target is not guaranteed. The return target is an estimate of future returns based on the current strategic asset allocation of the portfolio. The actual asset allocation of the Fund does and will vary from the strategic asset allocation.

    The method to calculate a return target is prescribed by MySuper legislation, and is intended as a way to compare different MySuper funds.

  • Statement of fees and other costs

    Shows the annual amount a representative member (with an account balance of $50,000) would pay in administration and investment fees to be invested in the option as at the relevant year ending 30 June. This amount does not take into account any insurance costs or transactional account fees. For a full list of fees, refer to the relevant Product Disclosure Statement.

  • Target asset allocation

    Weighting to each asset class for the investment option. This is a target as outlined in our investment strategy and may not reflect the actual asset allocation for the option.


This website contains general information only and does not take account of your personal circumstances. You should obtain personal advice where appropriate. This content is current as at the date of publication and subject to change. Prime Super (ABN 60 562 335 823) is issued by Prime Super Pty Ltd (ABN 81 067 241 016, AFSL 219723). A Product Disclosure Statement is available from the issuer by calling 1800 675 839. Past performance is not a reliable indicator of future performance.