Changes to our investment options

We're committed to providing flexible investment options to help our members tailor the best investment strategy for their needs. We regularly review these options and changes are made from time to time.

Following our recent review, we’re made changes to simplify our investment menu that came into effect on 1 July, 2023.

Changes at a glance

For accumulation and transition to retirement members

We introduced a new Moderate investment option, formed by combining our Diversified Income and Defensive Growth investment options.

Historically, the Diversified Income and Defensive Growth investment options had identical risk and return objectives and delivered similar investment returns. Both investment options had a proud track record of achieving competitive performance over the longer term*.

While there were some differences between the options in the past, more recently their asset allocations became increasingly alike.

Importantly, the new Moderate investment option has the same investment objectives and risk and return objective as the Diversified Income and Defensive Growth investment options and a similar investment strategy.

*Chant West Member Outcomes Dashboard. Refer to table on page 7 of the ‘TelstraSuper Annual Outcomes Assessment for Members’, available at telstrasuper.com.au. Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns.”

Find out more about the Moderate investment option

For retirement income stream members

The Defensive Growth investment option was combined with the Lifestyle Moderate investment option. These two options have had identical risk and return objectives and competitive performance over the longer term^#.
Importantly, the Lifestyle Moderate investment option has a similar investment strategy as the Defensive Growth investment option.

^#Past performance is not a reliable indicator of future returns.

Find out more about the Lifestyle Moderate investment option

Like all our Lifestyle investment options, the Lifestyle Moderate option offers an optional cash allocation feature which can help provide investment flexibility by allocating some of your Moderate investment option to the Cash investment option each month.

Find out more about this the cash allocation feature

Other changes

The name of our Fixed Interest investment option changed to Diversified Bonds and Credit. This new name provides a clearer description of the assets in this option, which are primarily fixed interest securities such as government bonds; corporate bonds; floating rate notes; and mortgages or loans secured by property assets.

Find out more about Fixed Interest/Diversified Bonds and Credit option

Want to know more about your investment options?

For information about all our investment options, please read the relevant Product Disclosure Statement and Investment Guide available at telstrasuper.com.au/pds

If you need help with your investment option(s), TelstraSuper Financial Planning offers general and simple personal advice as part of your membership. Or for more tailored advice you can speak with a TelstraSuper Financial Planner. To view the advice options available, visit telstrasuper.com.au/advice

BOOK A CHAT

Frequently Asked Questions

Why have the Diversified Income and Defensive Growth investment options been closed for Corporate Plus, Personal Plus, RetireAccess – Transition to Retirement members?

Historically, the Diversified Income and Defensive Growth investment options had identical risk and return objectives and delivered similar investment returns.

While there were some differences between the options in the past, more recently their asset allocations became increasingly similar. Combining these two options into a single Moderate investment option simplifies the investment menu available and helps make it easier for members to tailor their strategy.

Importantly, the new Moderate investment option has the same investment objectives and risk and return objective as the Diversified Income and Defensive Growth investment options and a similar investment strategy.
Why has the Defensive Growth investment option been closed for RetireAccess – Retirement Income Stream members?

Historically, the Defensive Growth and the Lifestyle Moderate (formerly known as Diversified Income) had identical risk and return objectives and delivered similar investment returns.

While there were some differences between the options in the past, more recently their asset allocations became increasingly similar. Combining these two options into a single Lifestyle Moderate investment option is designed to simplify the investment menu of options available and help make it easier for members to tailor their retirement strategy.

Importantly, the Lifestyle Moderate investment option has the same investment objectives and risk and return objective as the Defensive Growth investment option and a similar investment strategy.
When I am invested in the Lifestyle Moderate, how do I turn on the cash allocation feature?
You can activate the Lifestyle Moderate’s Cash Allocation feature by logging into your SuperOnline account and navigating to the Investments tab, and then clicking Update My Investments. There is an option to activate the Cash Allocation feature beside the Lifestyle Moderate option.

General advice warning

Any general advice on this website has been prepared without taking into account your objectives, financial situation or needs. Before you act on any general advice on this website, you should consider whether it is appropriate to your individual circumstances. Before making any investment decision, you should obtain and read the relevant product disclosure statement which is available on the Website or by calling 1300 033 166. You may wish to consult an Adviser before you make any decisions relating to your financial affairs. To speak with an Adviser from TelstraSuper Financial Planning call 1300 033 166.