You probably want to take a more conservative approach as you head towards retirement, especially given recent market performance. What if you were told that three quarters of your Super was invested in shares and property? Unless you’ve chosen otherwise, that’s probably where your ‘Core’, ‘Balanced’ (or similar) default option lies. If you’re a member of Hesta, Australian Super, REST or GESB, check out these details (other funds available on request):
Hesta’s ‘Core pool’ is 73% Growth assets (shares & property). See: http://www.hesta.com.au/learn-about-super/about-investments/investment-choices.html
http://www.australiansuper.com/
Australian Super’s ‘Balanced’ option is 71% Growth assets (shares & property). See: http://www.australiansuper.com/investments-and-performance/super-investment-choices/premixed-investment-choice/balanced.aspx
REST’s Core strategy is 75% Growth assets (shares, property, alternatives, infrastructure). See: http://www.rest.com.au/Performance-Investments/InvestmentOption.aspx?id=1
GESB ‘Balanced Growth’ option is 65% Growth assets (shares & property). See: http://www.gesb.com.au/index_investmentplans.html
Understanding the details of your Super/ Pension portfolio can be confusing…the media is cluttered with Super funds telling us that they’re the best. How do you cut through the noise to determine how your fund really compares… and what you might be missing? At JustInvest, we understand how difficult planning for retirement can be. In response, we have created our unique Super/ Pension Diagnostic. Our report examines your current portfolio:
• What proportion of your portfolio is in shares & property?
• Do you have quality investments?
• Are you in the ‘default’ option or a customised portfolio?
• Is your portfolio optimally designed?
• Do you really know how much you are paying? And for what?
Our Super/ Pension Diagnostic answers all of these questions and more. For an objective look at what you currently have, and ways in which it can be improved, give us a call:
08 9267 3488 or email clientsupport@justinvest.net.au