Capital Defensive

Click below on the investment option you are interested in learning more about. 

Super SA’s Income Stream has several managed investment options (taxed options in the TTR phase and tax-exempt options in the retirement phase). You can choose to have your super invested across any number of the several investment options available to you.

Each investment option is invested across a range of assets. These assets include cash, fixed interest, property and shares and can be affected by factors including interest rates, inflation and global financial markets.

When you join the Super SA Income Stream, you can choose to invest your super across any combination of the eight investment options available to you. If you don’t choose an investment option your funds will automatically be invested 60% in Moderate and 40% in Conservative options.

Before choosing an investment option you should think about:

  • your current financial position
  • your age
  • your plans for the future
  • how long your Income Stream will need to last
  • your risk and return preferences.

Each option has different objectives and characteristics for you to consider.

Capital Defensive

Performance snapshot 5.13% 10 year return as at
31 / 05 / 2021

This option is structured for investors with an investment time horizon of at least two years. This option is invested in the range of 10 - 40% in growth assets (shares and certain types of property) and the balance in defensive assets (such as cash and fixed interest).

Investment Objectives

The Capital Defensive investment option is expected to return 1.5% + Inflation over an investment time horizon of at least 2 years. It is likely that a negative return might be expected to occur between 0.5 year and one year in 20.

Investment objectives state what each option aims to achieve. They are designed to help members with their investment decisions. The objectives have been developed having regard for the long term performance and characteristics of financial markets and taking into account expert advice provided by specialist investment advisor, JANA. There is no guarantee, however, that the objectives will be met. This is because financial markets are volatile and future returns may vary from past returns. Indeed, for funds with exposure to growth assets there is a material likelihood that returns may be negative in any particular year.

Investment Performance

Rates of return give you a recent and longer term perspective of how each option has performed. It is important to remember that past performance should not be taken as an indication of future performance. 

Strategic Asset Allocation

The strategic asset allocations are determined by the investment objective for each option and are set annually.

This product is invested in the range of 60%-90% growth assets with the balance in defensive assets. 

These strategic asset allocations are associated with the Product Disclosure Statement dated 1 January 2020. For actual asset allocations, please click the option below. For actual asset allocations for TTR income streams, updated monthly click here.


Investment Returns

The below figures are net of investment fees. Rates of returns to 31 May 2021. Returns greater than one year have been annualised.
1 mnth 3 mnths FYTD 1 year 3 years 5 years 10 years
% % % % % p.a. % p.a. % p.a.
0.61 1.92 5.84 6.56 4.31 4.38 5.13

Strategic Asset Allocation

  • Yearly Strategic Asset Allocation
  • Monthly Asset Allocation
Investment Breakdown
Asset % Range %
Australian Equities 5% 0-15
International Equities 7% 0-20
Property 6% 0-20
Diversified Strategies Income 17% 5-30
Inflation Linked Securities 15% 5-25
Fixed Interest 35% 20-55
Cash 15% 0-20

Yearly Strategic Asset Allocation Breakdown

Investment Breakdown
Asset %
Cash 16.80%
Fixed Interest 33.70%
Inflation Linked Securities 14.90%
Diversified Strategies Income 17.40%
Property 4.40%
Australian Equities 5.70%
International Equities 7.10%
Diversified Strategies Growth %

Monthly Strategic Asset Allocation Breakdown