You can choose to invest in one or more of our ‘diversified’ or ‘single asset class’ investment options.
Diversified options invest in a range of asset classes which help to reduce the level of risk. The level of risk for each option varies according to the proportion held in each asset class.
Single asset class options
The single asset class options generally have higher risk because, unlike diversified investment options, investments are not spread across a range of asset classes.
When you first join Statewide you’re able to choose your investment option(s). If you don’t make a choice, your money is automatically placed in the MySuper option. You can switch your investment option(s) as often as you like.
Fees may apply if you switch your investment option more than once during a financial year.
For more detailed information, download the How we invest your money booklet.
Call our friendly Client Services team on 1300 65 18 65 if you have any questions.
For personalised advice tailored to your needs, consider talking to a Financial Planner.
While we all want consistently positive super returns over the years, the reality is, super returns are like any investment in that they can go down as well as up. If you want to find out more about what type of investor you are, use our Risk Profile calculator to determine your appetite for risk, check out historical returns and read the pros and cons of switching.
^The fees stated for 2013-14 are estimated investment management fees, based on our current understanding of those investment managers who will be appointed and the asset allocations to be made throughout 2013-14 by applying the investment strategy for that investment option. The fees stated are therefore predictive and may differ materially from the fees actually incurred. The actual investment management fees are calculated at the end of each year when returns for the year are known. These are published in the Annual Report.