Statewide Pension Investment performance
The following returns relate to investments for account based pensions which are untaxed. Investment earnings on transition to retirement pensions will be taxed at a maximum rate of 15% effective from 1 July 2017.
Investment Option Returns to 31 August 2017
|Investment option||Month (%)||FYTD (%)||1 year (%)||3 year (% pa)||5 year (% pa)||7 year (% pa)||10 year (% pa)||Inception date|
|Diversified Bonds||0.45||1.03||3.46||4.94||5.85||6.88||7.25||Mar 05|
|Conservative Balanced||0.55||0.58||7.31||7.61||N/A||17 Jul 13|
|Active Balanced||0.66||0.65||8.87||9.15||N/A||17 Jul 13|
|Sustainable Diversified||0.43||0.58||6.48||5.77||9.60||8.23||2.79||Jul 02|
|High Growth||0.78||0.68||10.77||10.78||13.04||10.71||4.57||May 98|
|Australian Shares||1.27||1.25||10.83||8.54||13.29||11.02||5.64||Mar 05|
|International Shares||0.43||0.93||15.76||14.62||18.46||14.07||3.71||Mar 05|
The investment returns are calculated after allowing for income tax on investment income and investment management expenses. Declared unit prices are net of fees and tax. Investment returns are not guaranteed, all investments have risk, and past performance is not an indicator of future performance.
Are you a transition to retirement pension member?
For returns from 1 July 2017, all transition to retirement pensions are invested with all other taxable super assets and generate the same return as the standard super options. Please refer to the year to date performance for Statewide Super Investment Performance for transition to retirement pension returns for the period from 1 July 2017.
Please refer to the Historical Investment Returns section below for returns that apply to your transition to retirement pension for the period to 30 June 2017.
Historical investment returns
The returns are compared to the investment objective for each option.
Pre-2016 Historical investment returns
*Please note that the crediting rates for October 2012 and November 2012 were updated on 16 January 2013. Please accept our apology for any inconvenience.
Historical performance to 1 July 2013
Due to the combination of the assets, and the creation of a number of new options from 1 July 2013, one existing and three new investment options do not have a history of investment returns. The existing option is the Conservative option and the new options are Growth, the Conservative Balanced and Active Balanced.
The Growth option is a new option that was formed by the combination of assets from Statewide and Local Super. It provides a growth orientated portfolio for members and is targeted to achieve a return of 4% above inflation over rolling ten year periods. As this is a new option that combines the previous Statewide and Local Super arrangements there is no performance history that is available for this structure.
The new Conservative Balanced and Active Balanced investment options are new options from 1 July 2013 and therefore do not have an investment history.
We have reviewed the Conservative option and made some changes to the strategic asset allocation and therefore this investment option does not have a history of investment returns.
All other options (including the renamed options) have historical performance based on the previous StatewideSuper options. In these cases the former Local Super investment options were similar to the old StatewideSuper options and we have therefore used Statewide’s investment return history.
Due to these new or revised asset allocations, the Conservative, Conservative Balanced, Active Balanced and Growth investment options will start at a $1 unit price on 1 July 2013. The other six investment options will maintain the historical unit prices and investment history of the equivalent options currently available to StatewideSuper Industry Fund members. On 1 July 2013 you’ll be allocated the required units for the super you have in any of these investment options to ensure your total account balance remains unchanged.
Historical performance of the pre 1 July 2013 investment options for both Statewide and Local Super are available here.
Thinking about changing investment options?
Be sure to read about the pros and cons of switching before you make any decisions.
View Statewide investment performance history.
Call our friendly Client Services team on 1300 65 18 65 if you have any questions.
For more detailed information, download the Statewide Pension Product Disclosure Statement.
For personalised advice tailored to your needs, consider talking to a Statewide Super Financial Planner.
While we all want consistently positive investment returns over the years, pension returns are like any investment - they can go down as well as up. Check out historical returns and read the pros and cons of switching.