Investment & performance


Product Dashboard as at 30 June 2015

Balanced (default) investment option


10 year annualised net return is 5.58%.

Level of investment risk

Medium to High Risk
Negative returns expected in 3 to 4 out of
every 20 years.

Return target

CPI + 3.5% per year over a 10 year period
(net return). Future Returns cannot be

Statement of fees and other costs

$375 per year
Fees and other costs for a
representative member.

Comparison between return target and return

Year ending Net return performance Moving average return target (10 years) Moving average return
2015 12.10% 7.00% 5.60%
2014 11.30% 7.10% 5.60%
2013 13.30% 7.20% 6.00%
2012 -1.30% 7.20% 4.40%
2011 4.70% 7.40% 3.60%
2010 2.10% 7.70% 3.40%
2009 -11.70% 7.70% 4.50%
2008 -2.60% 7.60% 6.70%
2007 16.30% 7.20% 7.80%
2006 15.40% 7.10% 7.10%
2005 12.00% 7.00% 6.20%

Past performance is not necessarily an indication of future returns.

Target asset allocations

Asset class Allocation
Equities 45.00%
Property 10.00%
Infrastructure 1.00%
Fixed interest 14.00%
Other 15.00%
Cash 15.00%

Target asset allocation ranges

The Income Focused, Balanced and Aggressive investment options have a specific target asset allocation to each asset class which are monitored for market movements within the following target asset allocation ranges.

InvestmentIncome FocusedBalancedAggressive 
Cash 10-100%  0-65%  0-35% 
Fixed interest 10-100%  0-65%  20-95% 
Equities 0-40%  15-75%  20-95% 
Property 0-35%  5-25%  0-50% 
Infrastructure 0-35%  0-20%  0-50% 
Commodities 0-15%  0-15%  0-15% 
Other 0-70%  0-30%  0-70% 
Foreign currency hedge ratio 0-100% 0-100% 0-100%

Investment disclosure

The assets of MilitarySuper are pooled together with the assets of other schemes administered by the Commonwealth Superannuation Corporation. See investment disclosure on the CSC website for information about investment managers and top equity holding.

Explanation of terms

Net return

Net returns (target or actual) show returns (expected or actual) after investment, administration and advice fees, costs and taxes.

Moving average return

Refer to the Australian Prudential Regulation Authority (APRA) Reporting Standard SRS 700.0 (available on the APRA website) for the moving average return methodology. 

Statement of fees and other costs

This shows the annual amount a representative member pays in fees and costs. A representative member is a member who is fully invested in the option, who does not incur any activity fees during a year and who has an account balance of $50,000 throughout that year. Investment gains/losses on the $50,000 are ignored. This amount does not take into account any insurance costs, transactional account fees (eg investment switch fees) or the MilitarySuper operational risk reserve. For a full list of fees please see the MilitarySuper Product Disclosure Statement (PDS).

Target asset allocation

This shows the 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.

More information

See the MilitarySuper Product Disclosure Statement and Investment Options and Risk booklet for further information about the Cash investment option.