Glossary
Return
The return is an average net return over the 10 years to 30 June 2024. The return is net of all investment, administration fees, advice fees, costs and taxes for a representative member. It is important to remember that past performance is no indicator or guarantee of future performance, and the value of investments can rise or fall.
Return target
The return target is expressed as a target level of return above inflation (as measured by the Consumer Price Index) over a ten-year period. The return target is the average of the expected annual returns for the ten-year period, based on long-run return assumptions, net of all investment, administration and advice fees, costs and taxes. The return target does not constitute a forecast or guarantee of future performance or future rate of return.
Level of investment risk
The level of investment risk is based on the Standard Risk Measure (SRM). For more information, please read the Risks in super fact sheet.
Statement of fees and other costs
The statement of fees and other costs shows the dollar value of investment, administration and advice fees and costs for a representative member. For further information on the underlying fees, please read the Fees and costs fact sheet.
Comparison between return target and return
The columns in the graph show the one-year net return for each year to 30 June. The green line shows the 10-year moving average net return to 30 June of each year. The purple line shows the 10-year moving average target return to 30 June of each year.