Investment options

To offer you flexibility and choice when it comes to investing your super, we offer a range of investment options, both diversified and sector options. Each option has a different investment objective and risk profile. You can invest your super in one, or more, of our investment options - it's entirely up to you. It's important to consider your investment objectives and tolerance to risk when deciding on your investment strategy.

Once you’ve chosen where you’d like to invest visit choosing your investment option to make your selection.

Not sure what your goals are or how to invest? Knowing the basics can help you determine your investment goals and attitude to risk.

Your options at a glance
Option Aim Targets to invest in Risk rating
Australian Shares Maximise growth potential with high risk of short-term 'lows' 100% growth assets Very High
International Shares Maximise growth potential with high risk of short-term 'lows' 100% growth assets High
Growth* High growth potential with the risks of short-term 'lows' 90% growth assets

10% defensive assets
High
Balanced High growth potential with the risks of short-term 'lows' 70% growth assets

30% defensive assets
Medium to high
Moderate High growth potential with the risks of short-term 'lows' At least 95% invested according to target asset allocation of 70% in growth assets, 30% in defensive assets and the remainder towards the MVP approach Medium
Conservative Growth with minimal short-term risk 30% growth assets

70% defensive assets
Low to medium
Cash enhanced Little growth with very low risk 100% defensive assets Very low
Cash Little growth with very low risk 100% defensive assets Very low
Fixed Term Investment option To deliver a fixed return over a 12-month period. 100% defensive assets

Unlike the other options you agree to invest your money for a 12-month ‘fixed term’ and will receive a fixed rate of return

Restrictions apply to the Fixed Term Investment option.
Very low

* The Fund also offers a feature known as the ‘Managed Volatility Process’ (MVP), available in the Growth option. For more information, refer to Growth option below and the Investments Supplement.

MySuper Dashboard - Moderate Option

Use this dashboard to compare Maritime Super's MySuper product with other MySuper products. Go to ASIC's MoneySmart website for more information on how to pick the right MySuper fund for you.

Return

1-year return of 2.88% as at 30 June 2016

Return Target

To outperform the rate of inflation (CPI) by 4% pa after fees and taxes over 10-year periods. Future returns cannot be guaranteed. This is a prediction.
Comparison between return target and return

The Moderate investment option was introduced on 1 July 2013. Therefore, there is currently no 10-year return data available for this option.


* This average reflects average returns since inception, 1 July 2013, as the Moderate option does not have 10 years of past performance.

Past performance is not necessarily an indication of future returns.
Level of investment risk

Medium
Negative returns expected 2 to 3 years out of every 20 years
The higher the expected return target, the more often you would expect a year of negative returns.
Statement of fees and other costs

$623 per year
Fees and costs for a member with a $50,000 balance.

Your options in detail

Australian Shares option

The Australian Shares option targets to invest 100% in growth assets.

Investment objective

  

Investment objective (after fees and taxes over rolling 10-year periods) - to outperform the annual rate of inflation (CPI) by around 4% pa and the S&P/ASX300 benchmark (net of tax and fees).

Suitable for

  

Most suitable for members whose most important consideration is high returns and who are willing to accept a high risk of a negative return in any one year.

Risk versus return

  

This option has complete emphasis on growth assets with a view to achieving higher returns and therefore carries more investment risk. The value may vary significantly up or down over the short term. However, high investment returns are generally expected over longer periods. A negative annual return is anticipated on average 6 or more times every 20 years but negative returns may be more or less frequent.

Target Asset Allocation*

   Australian shares pie chart

* Refer to the Investments Supplement for more information on investment options.

International Shares option

The International Shares option targets to invest 100% in growth assets.

Investment objective

  

Investment objective (after fees and taxes over rolling 10-year periods) - to outperform the annual rate of inflation (CPI) by around 3.5% pa and the MSCI World (ex Australia) benchmark (net of tax and fees).

Suitable for

  

Most suitable for members whose most important consideration is high returns and who are willing to accept a high risk of a negative return in any one year.

Risk versus return

  

This option has complete emphasis on growth assets with a view to achieving higher returns and therefore carries more investment risk. The value may vary significantly up or down over the short term. However, high investment returns are generally expected over longer periods. A negative annual return is anticipated on average 4-6 times every 20 years but negative returns may be more or less frequent.

Target Asset Allocation*

   International shares pie chart

* Refer to the Investments Supplement for more information on investment options.

Growth option

The Growth option targets to invest approximately 90% in growth assets and 10% in defensive assets.

Investment objective

  

Investment objective (after fees and taxes over rolling 10-year periods) - to outperform the annual rate of inflation (CPI) by around 3.5% pa.

Suitable for

  

Most suitable for members whose most important consideration is high returns and who are willing to accept a high risk of a negative return in any one year.

Risk versus return

  

This option has a very strong emphasis on growth assets with a view to achieving higher returns and therefore carries more investment risk. The value may vary significantly up or down over the short term. However, high investment returns are generally expected over longer periods. A negative annual return is anticipated on average 4-6 times every 20 years but negative returns may be more or less frequent.

Target Asset Allocation*

   Growth asset mix pie chart

Managed Volatility Process (MVP)

  

The Fund offers a feature known as the ‘Managed Volatility Process’ (MVP) in the Growth option, if you select Growth MVP.

The MVP is designed to more actively manage volatility during periods of extreme volatility.

The Growth MVP targets to invest 95% of funds according to the target asset allocation of the standard option, and 5% of funds to manage volatility through a futures overlay.

* Refer to the Investments Supplement for more information on investment options.

Balanced option

The Balanced option targets to invest approximately 70% in growth assets and 30% in defensive assets.

Investment objective

  

Investment objective (after fees and taxes over rolling 10-year periods) - to outperform the annual rate of inflation (CPI) by around 2.75% pa.

Suitable for

  

Most suitable for members who are willing to accept a medium to high risk of a negative return in any one year.

Risk versus return

  

This option has significant emphasis on growth assets with the aim of achieving higher returns, together with some lower-risk defensive assets to reduce the short-term risks associated with growth assets. It offers a higher expected long-term return than the Moderate option. A negative annual return is anticipated on average 3-4 times every 20 years but negative returns may be more or less frequent.

Target Asset Allocation*

   Balanced asset mix pie chart

* Refer to the Investments Supplement for more information on investment options.

Moderate option

The Moderate option invests at least 95% of funds according to the target asset allocation of 70% in growth assets and 30% in defensive assets and the remainder towards the MVP approach.

Investment objective

  

Investment objective (after fees and taxes over rolling 10-year periods) – to outperform the annual rate of inflation (CPI) by around 2.5% pa.

Suitable for

  

Most suitable for members who are willing to accept a medium risk of a negative return in any one year.

Risk versus return

  

This option has significant emphasis on growth assets with the aim of achieving higher returns, together with some lower-risk defensive assets to reduce the short-term risks associated with growth assets and the MVP approach to manage extreme volatility. It offers a balance between expected long-term returns and the risk of a negative return in any one year.

Target Asset Allocation*

  

This option invests at least 95% of funds according to the target asset allocation of 70% in growth assets and 30% in defensive assets and the remainder towards the MVP approach.

Moderate asset mix pie chart

* Refer to the Investments Supplement for more information on investment options.

Conservative option

The Conservative option targets to invest approximately 30% in growth assets and 70% in defensive assets.

Investment objective

  

Investment objective (after fees and taxes over rolling 10-year periods) - to outperform the annual rate of inflation (CPI) by around 1% pa.

Suitable for

  

Most suitable for members for whom the low to medium risk of a negative return in any one year is an important consideration.

Risk versus return

  

This option provides a reasonable level of short-term security with the potential for some capital growth in the long term. It offers a lower risk of short-term losses but lower expected returns. A negative annual return is anticipated on average 1-2 times every 20 years but negative returns may be more or less frequent.

Target Asset Allocation*

   Conservative asset mix pie chart

* Refer to the Investments Supplement for more information on investment options.

Cash Enhanced option

The Cash Enhanced option invests 100% in defensive assets.

Investment objective

  

Investment objective (after fees and taxes over rolling 10-year periods) – to outperform the annual rate of inflation (CPI) and the UBS Australia Bank Bill Index (net of tax and fees).

Suitable for

  

Most suitable for members whose most important consideration is that there is little chance of a negative return or who wish to seek a small premium over the Cash option for a low level of risk.

Risk versus return

  

This option provides long-term security but do not expect any significant growth over inflation. It has a very low risk of short-term losses. A negative annual return is very unlikely.

Target Asset Allocation*

   Cash Enhanced asset mix pie chart

* Refer to the Investments Supplement for more information on investment options.

Cash option

The Cash option invests 100% in defensive assets.

Investment objective

  

Investment objective (after fees and taxes over rolling 10-year periods) - to outperform the annual rate of inflation (CPI) and perform in line with the UBS Australia Bank Bill Index (net of tax and fees).

Suitable for

  

Most suitable for members whose most important consideration is that there is little chance of a negative return.

Risk versus return

  

This option provides long-term security but do not expect any growth over inflation. It provides the lowest risk of short-term losses among the investment options. A negative annual return is very unlikely.

Target Asset Allocation*

   Cash asset mix pie chart

* Refer to the Investments Supplement for more information on investment options.

Fixed Term Investment option

The Fixed Term Investment option invests 100% in defensive assets and is similar to the Cash and Cash Enhanced investment options which are lower risk and may provide lower average long-term returns as they invest fully in defensive assets. However, there are some important differences as set out below:

Features

  • 12 month term
  • Investment dates: 1 December, 1 March, 1 June, 1 September
  • Fixed interest rate (net of fees and any tax) if the investment is held until the end of the term
  • Interest rate set two to three weeks before the investment date
  • Available for account balances, not for regular contributions
  • Minimum investment $20,000
  • Maximum investment 80% of your account balances
  • No switches to other investment options during the term
  • Trustee approval generally required for withdrawals during the term
  • No automatic reinvestment at the end of the term

Investment objective

  

To provide a pre-determined rate of return on investments held for a 12-month term.

Investment strategy

  

Using a panel of Cash Enhanced investment managers to structure an investment option which provides a pre-determined rate of return on investments held for a fixed term.

Suitable for

  

This option may be most suitable for members:

  • who want the certainty and security of a pre-determined investment return over a short term but who are not using it as a long term strategy to build retirement savings; and
  • who do not wish to withdraw the amount invested as a cash lump sum or switch to another investment option(s) prior to the maturity date.

Risk versus return

  

The Fixed Term Investment option provides the short-term security of a pre-determined interest rate but no capital growth.

As the interest rate is fixed for the term of the investment, investors will not be able to take advantage of any interest rate increases should they rise during the term of the investment.

There is little risk of a negative annual return or capital losses. This could only occur in the extremely unlikely event that the underlying investment manager (either an Authorised Deposit Taking Institution (e.g. bank or credit union) or life insurance company) failed to provide the interest rate or failed to return all of the amount invested.

There will be no access by members to their investment during the 12 month term, other than in exceptional circumstances (see 'Early access prior to the end of the term’ below).

It may not suit the member’s particular objectives, financial situation or needs. The Fixed Term Investment option has a short-term focus and, on its own, is generally not suitable as a long-term strategy for building retirement savings. It should be used on advice from a financial planner as part of an overall investment plan tailored to the member's circumstances.

Early access prior to the end of the term

The pre-determined interest rate will only apply if the investment is held to the end of the 12 month term. Early access before the end of the 12 month term is generally limited to situations required by superannuation law or in exceptional circumstances such as death, total and permanent disablement, terminal illness and to satisfy a Family Law payment split. In other circumstances you will need to apply to the Trustee, and early access to the investment may not be available. If the Trustee approves early access to your Fixed Term Investment, your Fixed Term Investment will be redeemed in full and you are not entitled to any interest on your investment for any of the term. However, the Trustee may pay some interest, based on the circumstances at the time.

The Trustee may also redeem the whole Fixed Term Investment prior to the end of the term, where your only remaining benefit is invested in this option and we need to pay premiums, the administration fee or tax from your account.

If you have multiple Fixed Term Investments and your investment is redeemed before the end of its term, the Trustee will redeem your investments on a ‘last in first out’ basis.

However, the Trustee will not allow the purchase of a Maritime Super pension (other than following the death of the member) with the proceeds of a Fixed Term Investment during its term.