NESS Super

Investment Options

Choose the investment that suits you

NESS Super offers seven investment options. You can choose to invest in one option or in any combination of options. If you don’t choose an investment option when you join NESS Super, your super will be invested in our default option, NESS MySuper.

Making an investment choice

When you join NESS Super you can indicate your investment choice in the NESS Super Application for Membership Form for Employed Members Opens in new window , or the  NESS Super Application for Membership Form for Self-Employed MembersOpens in new window  

Changing your investment choice

You can change your investment selections any time - as long as your account balance is at least $1,000 - by completing a NESS Super Change my Investment Choice FormOpens in new window or online through MemberAccessOpens in new window  

Understanding Risk & Return

When you choose an investment option for your super, you are making a choice about the level of risk you can tolerate in order to generate the sort of return that you need.

This is a very personal decision. It will depend on a range of factors including your retirement savings goal, your investment timeframe, your other investments and your level of comfort with the possibility of negative returns.

The essential thing to understand is that risk and return go together. Investments that are riskier over the short to medium term – because they are likely to generate unstable or negative returns – are likely to generate the strongest returns over the long term.

What is your risk profile?

Because your super is likely to be your major source of retirement income, it’s a good idea to think carefully about how you invest your super.

Knowing what sort of investor you are will help you choose the investment options that are right for you.

Super Investment OptionsOpens in new window     Member OutcomesOpens in new window  

NESS MySuper Product Dashboard

Use this dashboard to compare the NESS MySuper investment option with other MySuper products. Go to the Australian Securities & Investments Commission (ASIC) MoneySmart website www.moneysmart.gov.auOpens in new window for more information on how to pick the right MySuper fund for you.

Return1
7.35%

10 year average return of  7.35% as at 30 June 2020.

Return target2
CPI + 3.0%

The return target over the long-term (2020-2029) is the Consumer Price Index (index) plus 3.0% per year, after fees & taxes. Future returns cannot be guaranteed. This is a predication. 

Level of investment risk3
Medium to High

Estimated negative annual returns over any 20 year period is 3 to less than 4.

Statement of fees and other costs4
$536.55 per year

This annual fee of $536.55 per year has been calculated for a member with an account balance of $50,000.

Comparison between return target and return

Past performance is not necessarily an indication of future returns.

The fees, costs and taxes have been based on a member with an account balance of $50,000. Each year is a financial year (I July to 30 June). It is assumed that this member does not incur any activity fees during a year.

This graph compares the return target with past returns for the NESS Super MySuper option for a representative member.

  • The blue columns represent the annual net return of a representative member for each financial year in the comparison period;
  • The red line represents the 10 year moving average return target; and
  • The green line represents the 10 year moving average net return of a representative member.

When the green line is above the red line, then the NESS Super MySuper option’s 10 year moving average net return for the representative member has outperformed the 10 year moving average return target.

Return1

The Return is calculated after deducting investment and administration fees, costs and taxes. These returns are therefore lower than the investment returns and crediting rates published in the NESS Super website and Annual Report, which allow for investment-related fees, costs and taxes only.

Return Target2

The Return Target is the mean annualised estimate of the percentage rate of net return that exceeds the growth in the CPI over ten years. CPI refers to Consumer Price Index; an inflationary indicator that measures the change in the cost of a fixed basket of products and services, as released by the Australian Bureau of Statistics.

Level of Investment Risk3

The level of investment risk is the Standard Risk Measure which is based on industry guidance to allow members to compare investment options that are expected to deliver a similar number of negative annual returns over any 20 year period.

The Standard Risk Measure is not a complete assessment of all forms of investment risk, for instance it does not detail what the size of a negative return could be or the potential for a positive return to be less than a member may require to meet their objectives. Futher, it does not take into account the impact of administration fees and tax on the likelihood of a negative return.

Members should still ensure they are comfortable with the risks and potential losses associated with their chosen investment option/s.

Statement of fees and other costs4

The annual fee has been calculated assuming you have an account balance of $50,000. The annual fee of $536.55 is the total of an administration fee of $1.40 per week ($72.80) regardless of your account balance, plus 0.1275% of account balance ($63.75), plus investment fees of 0.80% of account balance ($400).

Last updated 19 May 2021.

Asset allocation

Note: the performance of investment options is not guaranteed. The value will rise and fall due to the performance of investment markets.

Target net investment return

CPI plus at least 4% (after fees, costs and taxes) over a rolling 7-year period.

Investment timeframe

Long term.

Investment risk

High (no more than 5 negative returns over any 20 year period).

This option has a high level of risk. It invests predominantly in Australian and international shares, with the balance in property and diversified alternatives.

This investment has the highest long-term return expectation and is the highest risk strategy, producing very volatile returns over the short term.

It’s likely to suit members with a long-term investment timeframe.

Asset allocation

Note: the performance of investment options is not guaranteed. The value will rise and fall due to the performance of investment markets.

Target net investment return

CPI plus at least 1% (after fees, costs and taxes) over a rolling 3-year period.

Investment timeframe

Short to medium term.

Investment risk

Low to medium (no more than 2 negative returns over any 20-year period).

This option has a low to medium level of risk. It is a conservative investment that invests mainly in Australian and overseas fixed interest investments.

This is an investment with good security and potential for some growth.

It’s likely to suit members with a short to medium-term investment timeframe.

Asset allocation

Note: the performance of investment options is not guaranteed. The value will rise and fall due to the performance of investment markets.

Target net investment return

CPI plus at least 4% (after fees, costs and taxes) over a rolling 7-year period.

Investment timeframe

Long term.

Investment risk

High (no more than 6 negative returns over any 20 year period).

This option has a high level of risk. It invests exclusively in Australian shares.

This investment has the highest long-term return expectation and is the highest risk strategy, producing very volatile returns over the short term.

It’s likely to suit members with a long-term investment timeframe.

Asset allocation

Note: the performance of investment options is not guaranteed. The value will rise and fall due to the performance of investment markets.

Target net investment return

CPI plus at least 4% (after fees, costs and taxes) over a rolling 7-year period.

Investment timeframe

Long term.

Investment risk

High (no more than 6 negative returns over any 20 year period).

This option has a high level of risk. It invests exclusively in overseas shares.

This investment has the highest long-term return expectation and is the highest risk strategy, producing very volatile returns over the short term.

It’s likely to suit members with a long-term investment timeframe.

Asset allocation

Note: the performance of investment options is not guaranteed. The value will rise and fall due to the performance of investment markets.

Target net investment return

CPI plus at least 2% (after fees, costs and taxes) over a rolling 5-year period.

Investment timeframe

Medium to long-term.

Investment risk

Medium to high (no more than 3 negative returns over any 20 year period).

This option has a medium to high level of risk. It invests in direct and listed property.

This is an investment that is likely to provide higher long-term returns than the Stable option but with more volatility.

It’s likely to suit members with a medium to long-term investment timeframe.

Asset allocation

Note: the performance of investment options is not guaranteed. The value will rise and fall due to the performance of investment markets.

Target net investment return

In line with the UBS Australia Bank Bill Index (after fees, costs and taxes).

Investment timeframe

Short term.

Investment risk

Very low (no more than 0.5 years of negative returns over any 20 year period).

This option has a very low level of risk. It invests exclusively in cash investments.

This is an investment option with maximum security but low potential for growth after taking into account inflation.

It’s likely to suit members with a short investment timeframe.