A focus on long-term performance
Money magazine’s Best Retirement Innovator 20232
If you're a medium to long‑term investor and want your investments made in line with an extended set of environmental, social, and governance (ESG) principles, Socially Responsible may be suitable for you. The option employs multiple responsible investment approaches, including negative (exclusionary) screening for shares, ESG integration, and sustainability-themed investing, as set out in our QSuper Investment Guide (pdf).
For Accumulation and Transition to Retirement Income accounts
An annual return of CPI +3.5% (after fees, costs and tax1), measured over rolling 10-year periods.
For Retirement Income accounts
An annual return of CPI +4.0% (after fees and costs1), measured over rolling 10-year periods.
Suited to investors with an investment timeframe of more than 5 years.
Cost of product is a summary of ongoing fees and costs that can affect your super investment over 1 year. View detailed fee breakdown
Investors should be aware that a negative annual return is expected between 4 and 6 times in any 20 years. Read more about the standard risk measure.
^ In the Lifetime option and Diversified options, these assets provide diversification and a hedge against inflation. This asset class is also referred to as bonds.
View the detailed list of what this option invests in for Accumulation or Income accounts.
The following negative screens apply to the Socially Responsible option’s
international shares asset classes.
The screening criteria does not apply to pooled vehicles or derivatives, which may have indirect exposure to companies exceeding the negative screens.
The thermal coal and metallurgical coal exclusions do not apply to companies deriving revenue from coal mined for internal power generation, intra-company sales of mined thermal and metallurgical coal, or revenue from coal trading.
The implementation of the exclusions above (other than the exclusion concerning live animal exports) relies upon accuracy of data from a third-party provider (MSCI).
Sometimes we may accept excluded listed shares as part of super fund mergers. In this instance, we seek to divest in a manner aligned with members' best financial interests, usually within 30 days. Exclusion lists are updated twice yearly. Following those updates, we inform external investment managers which listed equity shares are required to be excluded from new and existing investments.
For other asset classes to which the negative screens referred to above do not apply, we still take steps to integrate consideration of material ESG risks and opportunities into investment decisions we make for the QSuper ESG options as set out in the Investment Guide (pdf).
5. Thermal coal, oil and gas, and fossil fuel power generation exclusions are based on MSCI ESG Climate Change Metrics Methodology (November 2022) and associated universe coverage. The metallurgical coal exclusion uses data supplied through, and defined within, MSCI ESG Manager platform. The alcohol, gambling, adult entertainment, tobacco and alternative smoking products, controversial weapons, and nuclear weapons exclusions use MSCI ESG Business Involvement Screening Research Methodology (October 2022) and associated universe coverage. The live animal export exclusion applies to listed Australian shares companies, and internal desktop research is conducted by Australian Retirement Trust.
6. Companies that produce adult entertainment materials that fall into the following six categories: producer of X-rated films, producer of pay-per-view programming or channels, producer of sexually explicit video games, producer of books or magazines with adult content, live entertainment of an adult nature, producer of adults-only material on the internet.
7. Tobacco and alternative smoking products refers to companies that manufacture tobacco products (or products aimed to replace or supplement tobacco products), such as cigars, blunts, cigarettes, e-cigarettes, inhalers, beedis, kreteks, smokeless tobacco, snuff, snus, dissolvable and chewing tobacco. This also includes companies that grow or process raw tobacco leaves.
1. For Accumulation and Transition to Retirement accounts, this means after investment fees and costs, transaction costs, and investment taxes. For Retirement Income accounts, this means after investment fees and costs, and transaction costs.
2. 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 0.00% for performance fees. Read the Accumulation account product disclosure statement (PDS) for full details.
3. Returns are net of administration fees and costs, investment fees and costs, transaction costs and investment taxes where relevant, deducted from the unit price. For periods greater than 1 year, the return is a compound annualised return.
4. These figures have been rounded for member reporting.