Super is a long-term investment and one of the keys to a comfortable retirement lifestyle.
When you join Triple S, your super is invested in the Balanced option. There are eight pre-mixed investment options to choose from and you can switch your investment options at any time.
If you’re an existing Triple S member who’s still employed by the SA public sector, your choices are:
- invest your super in one of the eight investment options
- invest your super in a maximum of two investment options.
For full details regarding switching between investment options refer to the Triple S Investment Fact Sheet.
Before choosing an investment option you should think about:
- your current financial position
- your age
- when you plan to retire
- how long your super will need to last
- your risk and return preferences.
Each option has different objectives and characteristics for you to consider.
Note that changes to many of the investment options will be made on 1 January 2016. For details see the Investments page.
|Investment option||Target rate of return1||Investment time horizon||Risk of negative return|
|High Growth||CPI + 4.5%||10 yrs +||On average 4 to 6 years in 20|
|Socially Responsible||The Socially Responsible option provides investors with risk and return characteristics likely to be similar to that of a growth fund.The risk of a negative return is on average 4 to 6 years in 20.|
|Growth||CPI + 4.0%||8 yrs +||On average 3 to 4 years in 20|
|Balanced||CPI + 3.5%||7 yrs +||On average 3 to 4 years in 20|
|Moderate||CPI + 3.0%||6 yrs +||On average 2 to 3 years in 20|
|Conservative||CPI + 2.0%||4 yrs +||On average 1 to 2 years in 20|
|Capital Defensive||CPI + 1.5%||2 yrs +||On average between 0.5 and one year in 20|
|Cash||Maintain value of capital||0 yrs +||On average less than 0.5 years in 20|
Generally speaking, as the risk of negative return rises, so does the potential for a higher return.
As well as understanding the general risks of investing it's important to consider the level of risk involved with each investment option.
Take an interest in how your super is invested.
Check out your investment option’s track record with rates of return.
Keep tabs on how your super is growing with the latest unit prices.
Analysing the market as a whole and knowing how different financial markets are performing can help you. Find out more in the Investments section.
1 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 Willis Towers Watson. 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.