||3.72% per year above CPI, after fees and taxes, over any rolling 10-year period.^
||3.42% for the 2015/16 financial year
|Comparison between return target and return
||See graph below
|Level of investment risk
Negative returns expected in 2.3 out of every 20 yearsa
|Statement of fees and other costs
Fees and other costs for a member with a $50,000 balance.
Comparison between return target and return
^ Assumed CPI of 2.5% (mid point of the Reserve Bank's targeted inflation range). The return target changed from 3.5% to 3.72% effective 1 February 2016.
The illustrated period is less than 10 years because Equip MySuper was introduced on 1 August 2013 as Equip's new default investment option. Prior to 1 August 2013, Balanced Growth was the default investment option. You can see the long-term returns for this option here.
ª The negative returns are based on a Standard Risk Measure.