Lifetime Aspire 2
If you are between 40 and 49 years old and have a Lifetime balance of $50,000 or more, we will invest your money in Aspire 2.1 This option is designed for medium to long-term investors who want exposure to investments that will potentially give higher returns.
Objective
CPI +3.5% p.a.
An annual return of CPI +3.5% (after fees, costs and tax2), measured over rolling 10-year periods.
Timeframe
10 years
Suited to investors with a minimum recommended investment timeframe of 10 years.
Cost of product for $50,0003
$415 p.a.
Cost of product is a summary of ongoing fees and costs that can affect your super investment over 1 year. View detailed fee breakdown
Risk level
Very low
Low
Low to medium
Medium
Medium to high
High
Very high
You need to keep in mind that with Aspire 2, a negative annual return is expected between 3 and 4 times in any 20 years. Read more about the standard risk measure.
Performance
As at 31 August 2023 (updated monthly)
Asset allocation
As at 30 June 2023 (updated quarterly)
| Assets |
Allocation 5 |
Ranges 6 |
|
Cash |
2.4% |
0 - 20% |
|
Fixed interest^ |
21.4% |
5 - 60% |
|
Real estate |
5.0% |
0 - 30% |
|
Equities* |
52.5% |
5 - 70% |
|
Infrastructure |
14.9% |
0 - 30% |
|
Commodities |
0.5% |
0 - 25% |
|
Alternative assets |
3.3% |
0 - 30% |
1. Default option for members with an Accumulation account who have not made an investment choice.
2. This means after investment fees and costs, transaction costs, and investment taxes.
3. The cost of product assumes a balance of $50,000 at the beginning of the year, and is based on fees and costs for the year ended 30 June 2023. Other fees and costs may apply. If you have insurance, premiums will apply. Investment fees and costs includes an amount of 0.24% for performance fees. Read the Accumulation account product disclosure statement (PDS) for full details.
4. For periods greater than 1 year, the return is a compound annualised return, net of administration fees and costs, investment fees and costs, transaction costs and investment taxes deducted from the unit price.
5. These figures have been rounded for member reporting.
6. We have the flexibility to invest within these predetermined ranges.
^ In the Lifetime option and Diversified options these assets provide diversification, a hedge against inflation and target yield enhancement. This asset class is also referred to as bonds.