Issued by; CARE Super Pty Ltd (Trustee) ABN 91 006 670 060 AFSL 235226 RSE L0000956 CARE Super (Fund) ABN 98 172 275 725
Disclaimer: The information contained in this Annual Report is about CARE Super and is not intended as financial advice. It does not take into account specific needs, so you should look at your own personal position, objectives and requirements before taking any action. Past performance is not a reliable indicator of future performance and you should consider other factors before choosing a fund or changing your investments. For a copy of the CARE Super Trust Deed (the legal document governing superannuation benefits in the fund), Financial Statements for the Trustee and the Fund or the Investment Policy Statements please go to our website. You can also ask for a copy to be sent to you. You should also obtain and read the Product Disclosure Statement before making any investment decision. If you would like to see these documents, please go to caresuper.com.au or call 1300 360 149.
Investment update with Suzanne Branton, Chief Investment Officer
2017/18 was a good year for CareSuper members, with the Balanced options delivering strong returns. It was the fifth year out of the last six that returns have been in double-digits.
The Balanced option for super and transition to retirement members returned 10.10% over the 2017/18 financial year, above the median return of 9.22% for other similar funds over the same period.*
The pension Balanced option also performed well, returning 11.09% for the 2017/18 financial year, compared to the median return of 9.92% for other similar funds over that period.#
All our other investment options delivered positive returns too. Options with more investments in shares and unlisted assets (like infrastructure and direct property) were the best performers.
Our Australian Shares, Direct Property and Overseas Shares options delivered the strongest returns, while Growth, Balanced and Alternative Growth also performed strongly.
Watch Suzanne's video 'Investment update for 2017/18'
* SuperRatings Fund Crediting Rate Survey - SR50 Balanced (60-76) Index, June 2018.
#SuperRatings Pension Fund Crediting Rate Survey - SRP50 Balanced (60-76) Index, June 2018.
Returns at a glance
Here are our compound average returns (after investment fees, indirect costs and tax) as at 30 June 2018.
Super
| Investment choice | 2018 | 2017 | 2016 | 2015 | 2014 | 10 yr | 7 yr | 5 yr | 3 yr |
| Managed options | |||||||||
| Balanced | 10.10% | 11.70% | 4.45% | 10.76% | 12.84% | 7.53% | 9.63% | 9.93% | 8.70% |
| Growth | 11.53% | 13.69% | 3.04% | 11.78% | 15.30% | 8.20% | 10.55% | 10.98% | 9.32% |
| Alternative Growth | 9.59% | 11.54% | 5.47% | 9.68% | 12.69% | 7.82% | 9.58% | 9.77% | 8.83% |
| Sustainable Balanced | 8.53% | 9.36% | 4.35% | 9.79% | 12.29% | 6.87% | 8.87% | 8.83% | 7.39% |
| Conservative Balanced | 7.21% | 8.83% | 3.08% | 8.26% | 9.80% | 6.67% | 7.69% | 7.41% | 6.35% |
| Capital Stable | 5.73% | 6.86% | 3.56% | 6.67% | 8.02% | 6.05% | 6.62% | 6.16% | 5.37% |
| Capital Guaranteed | 1.64% | 1.65% | 2.27% | 2.91% | 1.67% | 2.33% | 1.91% | 2.03% | 1.85% |
| Asset class options | |||||||||
| Overseas shares | 12.04% | 18.56% | -0.39% | 20.47% | 18.26% | 10.02% | 13.37% | 13.52% | 9.78% |
| Australian shares | 15.93% | 14.72% | 0.19% | 7.60% | 16.87% | 7.52% | 9.84% | 10.88% | 10.04% |
| Direct Property | 12.74% | 12.94% | 13.34% | 9.61% | 8.60% | 6.91% | 10.03% | 11.43% | 13.00% |
| Fixed Interest | 2.14% | 1.77% | 4.05% | 4.87% | 4.93% | 5.71% | 4.98% | 3.54% | 2.65% |
| Capital Secure | 1.92% | 2.08% | 2.44% | 2.78% | 2.83% | 3.16% | 2.80% | 2.41% | 2.14% |
The returns shown above are net of investment fees, indirect costs and tax. They may differ from your actual returns. Your actual net returns will appear in your annual statement. Past performance is not a reliable indicator of future performance.
Transition to Retirement
| Investment choice | 2018 | 2017 | 2016 | 2015 | 2014 | 10 yr | 7 yr | 5 yr | 3 yr |
| Managed options | |||||||||
| Balanced | 10.10% | 12.67% | 4.89% | 11.64% | 14.03% | 8.67% | 10.50% | 10.62% | 9.17% |
| Growth | 11.53% | 14.68% | 3.89% | 12.84% | 16.77% | 9.04% | 11.51% | 11.85% | 9.94% |
| Alternative Growth | 9.59% | 12.81% | 5.88% | 10.72% | 12.72% | 8.57% | 10.31% | 10.31% | 9.39% |
| Sustainable Balanced | 8.53% | 10.22% | 4.58% | 10.83% | 13.62% | 7.69% | 9.82% | 9.52% | 7.75% |
| Conservative Balanced | 7.21% | 9.53% | 3.77% | 8.85% | 10.92% | 7.46% | 8.47% | 8.03% | 6.81% |
| Capital Stable | 5.73% | 7.47% | 4.08% | 7.55% | 8.95% | 6.78% | 7.30% | 6.75% | 5.75% |
| Capital Guaranteed | 1.64% | 2.03% | 2.61% | 3.41% | 1.84% | 2.49% | 2.12% | 2.30% | 2.09% |
| Asset Class options | |||||||||
| Overseas shares | 12.04% | 20.94% | -0.45% | 21.85% | 19.88% | 11.09% | 14.73% | 14.53% | 10.49% |
| Australian shares | 15.93% | 16.35% | 1.27% | 8.18% | 19.39% | 8.35% | 10.95% | 12.02% | 10.95% |
| Direct Property | 12.74% | 14.95% | 14.86% | 10.92% | 9.62% | 7.68% | 11.17% | 12.60% | 14.17% |
| Fixed Interest | 2.14% | 2.23% | 4.68% | 5.44% | 5.84% | 6.52% | 5.66% | 4.06% | 3.01% |
| Capital Secure | 1.92% | 2.43% | 2.66% | 3.22% | 3.24% | 3.67% | 3.24% | 2.69% | 2.34% |
The returns shown above are net of investment fees, indirect costs and tax. They may differ from your actual returns. Your actual net returns will appear in your annual statement. Past performance is not a reliable indicator of future performance.
Pension
| Investment choice | 2018 | 2017 | 2016 | 2015 | 2014 | 10 yr | 7 yr | 5 yr | 3 yr |
| Managed options | |||||||||
| Balanced | 11.09% | 12.67% | 4.89% | 11.64% | 14.03% | 8.77% | 10.65% | 10.82% | 9.50% |
| Growth | 12.58% | 14.68% | 3.89% | 12.84% | 16.77% | 9.14% | 11.66% | 12.06% | 10.28% |
| Alternative Growth | 10.90% | 12.81% | 5.88% | 10.72% | 12.72% | 8.70% | 10.50% | 10.58% | 9.82% |
| Sustainable Balanced | 9.60% | 10.22% | 4.58% | 10.83% | 13.62% | 7.79% | 9.97% | 9.73% | 8.10% |
| Conservative Balanced | 8.31% | 9.53% | 3.77% | 8.85% | 10.92% | 7.56% | 8.63% | 8.25% | 7.17% |
| Capital Stable | 6.42% | 7.47% | 4.08% | 7.55% | 8.95% | 6.85% | 7.40% | 6.89% | 5.98% |
| Capital Guaranteed | 1.97% | 2.03% | 2.61% | 3.41% | 1.84% | 2.53% | 2.17% | 2.37% | 2.20% |
| Asset Class options | |||||||||
| Overseas shares | 13.96% | 20.94% | -0.45% | 21.85% | 19.88% | 11.28% | 15.01% | 14.92% | 11.11% |
| Australian shares | 17.86% | 16.35% | 1.27% | 8.18% | 19.39% | 8.53% | 11.21% | 12.40% | 11.56% |
| Direct Property | 13.84% | 14.95% | 14.86% | 10.92% | 9.62% | 7.79% | 11.33% | 12.82% | 14.54% |
| Fixed Interest | 2.50% | 2.23% | 4.68% | 5.44% | 5.84% | 6.56% | 5.72% | 4.13% | 3.13% |
| Capital Secure | 2.26% | 2.43% | 2.66% | 3.22% | 3.24% | 3.71% | 3.29% | 2.76% | 2.45% |
The returns shown above are net of investment fees, indirect costs and tax. They may differ from your actual returns. Your actual net returns will appear in your annual statement. Past performance is not a reliable indicator of future performance.