A disciplined approach
Our primary goal is to optimise our members’ retirement savings by diversifying across a range of asset classes and investing for the long-term.
To achieve this goal, we manage investments using a disciplined approach. The Trustee, Aware Super Pty Ltd, is ultimately responsible for our investment strategy. The Trustee has a Board of Directors which is required to act in the best interests of members as a whole at all times and ensure that the fund is administered according to the fund’s trust deed and superannuation legislation.
The Trustee delegates the day to day management of the fund investments to a team of investment specialists who oversee investment portfolios across a wide range of asset classes and who also manage select assets in house. Management of the fund’s investments operates within a robust governance framework.
An emphasis on diversification
We aim to achieve diversification in our investment options. For diversified options like Balanced and Growth (MySuper), we diversify across and within asset classes. For single asset class options like Australian Shares, there are natural limits to diversification. However, we still find opportunities to diversify - for instance, investing across different market sectors.
Each diversified option is assigned a medium to longer term target asset allocation, known as the strategic asset allocation. For the diversified options we establish asset allocation ranges which are the minimum and maximum amounts we can invest in each asset class (in normal operating circumstances).
Setting and monitoring strategic asset allocations
The Trustee sets the strategic asset allocation for each investment option. Strategic asset allocations are monitored by the Investment Committee (on behalf of the Trustee) to ensure the investment options are appropriately positioned to meet their investment objectives.
Strategic asset allocations may change from time to time. The Trustee reviews the strategic asset allocations annually in conjunction with a review of each investment option's investment objectives.
Our asset allocation approach
The actual asset allocation in place at a particular time may vary from the strategic asset allocation because we use an active asset allocation approach. This allows us to take advantage of market conditions by temporarily increasing or decreasing our exposure to a particular asset class (or a specific sector or geography within an asset class, e.g. US equities). This can help shield members from the risks of being overexposed to expensive markets and add incremental returns by increasing exposures to asset classes when they are attractive.
We work with a panel of expert investment managers who specialise in different asset types to assist us in managing your super.
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