Introducing the newest way to grow your super with us
ESSSuper - 23 Jul 2024
A new way to build your balance
At ESSSuper, your retirement outcomes are always our top priority.
If you've got an Accumulation Plan, a Beneficiary Account, or an Income Stream account, you can choose from our range of customised investment options.
We want to ensure that we're offering products that meet your needs at every stage of your super journey, which is why we've introduced a new investment option, Balanced Growth Managed.
Balance Growth Managed aims to help members effectively increase their super for retirement while also supporting stable returns through diversification.
It aims to deliver moderately high returns, targeting 3.25% above the rate of inflation; or 3.75% above the rate of inflation for Retirement Income Stream accounts.1 For example, if the consumer price index (CPI) averages 3.00% per year over ten years, Balanced Growth Managed aims for an average return of 6.25% per year or 6.75% per year respectively, during that period.2
Suitability |
Members with a minimum investment timeframe of 10 years who are prepared to accept a high amount of volatility in pursuit of high long-term capital growth. |
Objective3
Accumulation Plan, Beneficiary Account, Working Income Stream |
To provide a return of 3.25% p.a. after fees and taxes above the rate of inflation over a 10-year period. |
Objective3
Retirement Income Stream |
To provide a return of 3.75% p.a. after fees and taxes above the rate of inflation over a 10-year period.1 |
Minimum suggested investment timeframe |
10 years |
Risk band4 |
6 – HIGH |
Estimated number of negative annual returns4 |
4 to less than 6 over any 20-year period |
Interested in our new option?
Balanced Growth Managed could be a good option for you if:
- you want a mix of growth assets (including Australian and international shares) and lower-risk defensive assets for stability
- you're looking for a product that aims for higher returns (3.25% above the rate of inflation over ten years;5 or 3.75% above the rate of inflation over 10 years for Retirement Income Stream accounts)5, 1
- you have longer investment horizons (10 years or more).
View the full investment profile for Balanced Growth Managed.
Changing your investment strategy
If you have an Accumulation Plan, Beneficiary Account or Income Stream account, you can change your investment strategy at any time.
You can move all or part of your super to any of ten investment options.
To change your investments:
- Log in to Members Online and go to the Investments menu
- Call us on 1300 650 161 (Emergency Services members) or 1300 655 476 (State Super members) between 8:00am and 5:00pm Monday to Friday.
Understanding your investment options
The investment products that are right for you will depend on a number of factors, including your age, working status, the returns you are seeking and your appetite for risk.
To learn more, you can take a look our investment options or try out our Investment Risk Profiler.
We're here to help
For general information, you can book a virtual appointment with one of our Member Education Consultants to learn more about any of our products. For personal advice relating to your financial situation or needs, our qualified Financial Advisers6 can help.
To request an appointment, please contact us.