Investment News Update

At Cbus, we offer a range of investment options to suit our members goals, time frames and their preferred levels of risk and we invest across a wide range of asset classes including shares, property, infrastructure, private equity, fixed interest and cash both in Australia and overseas. 

Each investment option across Accumulation, Transition to Retirement and Fully Retired has set investment objectives and we review these objectives every year to ensure they meet members’ needs. When we do this, we look at a range of factors including the age of our members, the economic environment and how we expect different types of assets to perform. 

As a result of the FY2023/24 annual review, we have made the following changes effective 28 June 2024:

Asset class changes 

• Renaming the ‘Alternative Growth’ asset class to the ‘Alternatives’ asset class.

Seeks to achieve returns from a range of growth and defensive investments, with an emphasis on strategies that provide diversification benefits. Investments often have a low sensitivity to equity markets and interest rate risks. The asset class may include opportunities across a range of different markets and securities, such as shares, fixed interest and credit, venture capital, currency and real assets. Derivative-based strategies may also be used to generate additional returns.

These changes apply across Accumulation, Transition to Retirement and Fully Retired investment options. 

Strategic Asset Allocation changes

For our Accumulation suite of investment options, the following changes apply.

The Growth (MySuper) investment option:

• Increase in the allocation to the ‘Australian shares’ asset class from 23.0% to 23.5%
• Increase in the allocation to the ‘Global shares’ asset class from 26.5% to 27.5%
• Increase in the allocation to the ‘Infrastructure’ asset class from 13.0% to 13.5%
• Reduction in the allocation to the ‘Property’ asset class from 11.0% to 10.0%
• Reduction in the allocation to the ‘Australian fixed interest’ asset class from 4.0% to 3.5%
• Reduction in the allocation to the ‘Global fixed interest’ asset class from 4.0% to 3.5%

The following table shows the strategic asset allocations and their ranges:

High Growth investment option:

• Increase in the allocation to the ‘Infrastructure’ asset class from 8.0% to 9.0%
• Reduction in the allocation to the ‘Property’ asset class from 8.0% to 7.0%

The following table shows the strategic asset allocations and their ranges:

Growth Plus investment option:

• Increase in the allocation to the ‘Global shares’ asset class from 31.5% to 32.0%
• Increase in the allocation to the ‘Infrastructure’ asset class from 10.5% to 11.0%
• Reduction in the allocation to the ‘Property’ asset class from 10.0% to 9.0%

The following table shows the strategic asset allocations and their ranges:

Conservative Growth investment option:

• Increase in the allocation to the ‘Global shares’ asset class from 18.0% to 18.5%
• Increase in the allocation to the ‘Infrastructure’ asset class from 10.0% to 10.5%
• Increase in the allocation to the ‘Enhanced income’ asset class from 7.5% to 8.5%
• Reduction in the allocation to the ‘Property’ asset class from 9.0% to 8.0%
• Reduction in the allocation to the ‘Australian fixed interest’ asset class from 8.5% to 8.0%
• Reduction in the allocation to the ‘Global fixed interest’ asset class from 8.5% to 8.0%

The following table shows the strategic asset allocations and their ranges:

Conservative investment option:

• Increase in the allocation to the ‘Global shares’ asset class from 8.5% to 9.0%
• Increase in the allocation to the ‘Australian fixed interest’ asset class from 11.75% to 12.0%
• Increase in the allocation to the ‘Global fixed interest’ asset class from 11.75% to 12.0%
• Reduction in the allocation to the ‘Property’ asset class from 6.5% to 5.5%

The following table shows the strategic asset allocations and their ranges:

For our Super Income Stream investment (SIS) options, the following changes apply.

Conservative Growth investment option:

• Increase in the allocation to the ‘Australian shares’ asset class from 17.5% to 18.0%
• Increase in the allocation to the ‘Infrastructure’ asset class from 10.0% to 10.5%
• Increase in the allocation to the ‘Enhanced income’ asset class from 7.5% to 8.5%
• Reduction in the allocation to the ‘Property’ asset class from 9.0% to 8.0%
• Reduction in the allocation to the ‘Australian fixed interest’ asset class from 8.5% to 8.0%
• Reduction in the allocation to the ‘Global fixed interest’ asset class from 8.5% to 8.0%

The following table shows the strategic asset allocations and their ranges:

High Growth investment option:

• Increase in the allocation to the ‘Infrastructure’ asset class from 8.0% to 9.0%
• Reduction in the allocation to the ‘Property’ asset class from 8.0% to 7.0% 

The following table shows the strategic asset allocations and their ranges:

The Growth Plus investment option:

• Increase in the allocation to the ‘Australian shares’ asset class from 30.0% to 30.5%
• Increase in the allocation to the ‘Infrastructure’ asset class from 10.5% to 11.0%
• Reduction in the allocation to the ‘Property’ asset class from 10.0% to 9.0% 

The following table shows the strategic asset allocations and their ranges:

The Growth investment option:

• Increase in the allocation to the ‘Australian shares’ asset class from 25.5% to 26.5%
• Increase in the allocation to the ‘Global shares’ asset class from 24.5% to 25.0%
• Increase in the allocation to the ‘Infrastructure’ asset class from 13.0% to 13.5%
• Reduction in the allocation to the ‘Property’ asset class from 11.0% to 10.0% 
• Reduction in the allocation to the ‘Australian fixed interest’ asset class from 4.0% to 3.5%
• Reduction in the allocation to the ‘Global fixed interest’ asset class from 4.0% to 3.5%

The following table shows the strategic asset allocations and their ranges:

The Conservative investment option:

• Increase in the allocation to the ‘Australian shares’ asset class from 8.0% to 8.5%
• Increase in the allocation to the ‘Australian fixed interest’ asset class from 11.75% to 12.0%
• Increase in the allocation to the ‘Global fixed interest’ asset class from 11.75% to 12.0%
• Reduction in the allocation to the ‘Property’ asset class from 6.5% to 5.5%

The following table shows the strategic asset allocations and their ranges:

For our Defined Benefit investment option, the following changes apply:

• Increase in the allocation to the ‘Infrastructure’ asset class from 13.0% to 13.5%
• Increase in the allocation to the ‘Global Credit’ asset class from 8.0% to 8.5%
• Reduction in the allocation to the ‘Property’ asset class from 12.0% to 11.0%

The following table shows the strategic asset allocations and their ranges: