Growth (MySuper) Option

Choose your investment options

Investment choice form AOL (AvSuper Online)

Inception date: 1 January 2003

Current assets as at 31 August 2021: $991.3m

In August 2021, APRA conducted a performance test on all super funds as part of the Your Future Your Super legislation. This test showed AvSuper’s Growth option as underperforming against the APRA performance test for the last seven year period.

AvSuper has always focussed on meeting its own investment objectives and has done so at every time period by being more conservative and taking less risk than our strategic asset allocation target which is what we have been measured on by APRA. 

AvSuper’s Growth (MySuper) option is a pre-mixed, well-diversified investment option – that means it is invested across multiple asset or investment types. The Growth (MySuper) Option is the default investment option for accumulation members – if you do not make an investment choice, your balance will automatically be invested in the AvSuper Growth (MySuper) option. You can also refer to our Growth (MySuper) dashboard for information.

Investment strategy

The Growth option is designed to cater for defaulted or choice members with a medium to long term investment horizon (five years or more) who are seeking high levels of returns and can tolerate moderate to high levels of volatility in the short term. This option is skewed to produce mostly capital returns rather than income, through exposure mostly to equities and other growth assets, with a lesser exposure to defensive assets.

Investment objectives

To achieve a return, after tax and fees, which exceeds Consumer Price Index (CPI) increases by at least 3.0% pa (for super members) or 3.5% (for income stream members) over rolling ten-year periods.

 

Asset Class Strategic allocation Range
Australian Shares 27% 20–45%
International Shares 30% 20–45%
Real Assets 21% 0–45%
Private Markets 4% 0–15%
Alternatives 5% 0–30%
Diversified Fixed Income 11% 0–30%
Cash 2% 0–15%

View a brief outline of the major asset classes AvSuper uses to diversify investments.

Investment profile

Returns are generally less volatile than the High Growth portfolio but can still be volatile over the short to medium term.

Standard Risk Measure
Risk band 6
Risk label of High
Expected frequency of negative return in 20 years 4 to less than 6

Investment returns to 31 August 2021

Live Unit Prices

Accumulation Returns (net of investment fees and taxes)

Financial year to date Quarter
2.9% 5.4%

Annualised

1 year 3 years 5 years 10 years
20.8% 8.2% 8.7% 9.2%

Past performance may not be an indicator of future performance. The investment returns for the quarter and the financial year to date detailed above are real investment returns for the period shown, not annualised or ‘per annum’ returns which may differ from the numbers above.

Investment management fee

0.73%* p.a.

Deducted as part of the daily unit price calculations, and gross of tax deduction.

*For full fees please see our fees page.

Investment managers

AvSuper’s investment portfolio is managed by a carefully selected group of Investment managers and overseen by our Investment Committee. AvSuper uses a range of professional investment managers who specialise in different investment areas to invest members’ money according to specific objectives and strategies (including strategies to guard against excessive risk) set out by the AvSuper Trustee. The Trustee monitors and regularly reviews all investment managers involved with our investments.

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INVESTMENT OPTIONS

Phone 1300 128 751 (Local call)
Email:
avsinfo@avsuper.com.au