Strategic Asset Allocation changes

At Media Super, we offer a range of investment options to suit our members goals, time frames and their preferred levels of risk and we invest across a wide range of asset classes including shares, property, infrastructure, private equity, fixed interest and cash both in Australia and overseas.

Each investment option has set investment objectives and we review these objectives every year to ensure they meet members’ needs. When we do this, we look at a range of factors including the age of our members, the economic environment and how we expect different types of assets to perform.

We have made the following changes effective 5 September 2023:

Strategic Asset Allocation changes

For our suite of investment options, the following changes apply:

The Growth (MySuper) investment option:

• Increase in the allocation to the ‘Australian shares’ asset class from 22.0% to 22.5%
• Increase in the allocation to the ‘Global shares’ asset class from 25.5% to 26.0%
• Reduction in the allocation to the ‘Cash’ asset class from 4.0% to 3.0%

The following table shows the strategic asset allocations and their ranges:

United Super Pty Ltd ABN 46 006 261 623 AFSL 233792 as Trustee for the Construction and Building Unions Superannuation Fund ABN 75 493 363 262 offering Media Super products (Media Super). This information is about Media Super. It doesn’t account for your specific needs. Please consider your financial position, objectives and requirements before making financial decisions. Read the relevant Product Disclosure Statement (PDS) and Target Market Determination to decide what’s right for you.