Objective

Before the payment of tax, to match the return from the UBS Australian Bank Bill Index.

Risk level

Very low (see Risk measures)

Risk band

One (see Risk measures)

Minimum suggested timeframe

One year

Investor suitability

It may be suitable for those who prefer to take less risk and/or need to access their super in the near future.

 

As at 30 June 2012, the investment managers appointed to the PSSap super schemes were:

  • Alleron Investment Management Limited
  • Anchorage Capital Offshore Fund Limited
  • Arcadia Funds Management Limited
  • Aurora Investment Management LLC
  • Balanced Equity Management Pty Limited
  • Bridgewater Associates, Inc
  • Brigade Leveraged Capital Structures Offshore
  • Colchester Global Investors Limited
  • Dexus Property Group Limited
  • Eureka Funds Management Company
  • GMO Australia Limited
  • Graham Global Investment Fund Limited
  • Gruss Global Investors Limited
  • Integrity Investment Management Limited
  • JCP Investment Partners Limited
  • Lend Lease Real Estate Investments Limited
  • Loomis Sayles & Company LP
  • Luxor Capital Partners Offshore Limited
  • Macquarie Investment Management Limited
  • Marathon Asset Management Limited
  • Marvin & Palmer Associates Inc
  • Orbis Investment Management Limited
  • Paradice Investment Management Limited
  • Pharo Macro Fund Limited
  • PIMCO Australia Pty Ltd
  • Platinum Asset Management
  • Rogge Global Partners PLC
  • Schroder Investment Management Australia Limited
  • Solaris Investment Management Limited
  • State Street Global Advisors Limited
  • Steadfast International Limited
  • Stone Harbor International Partners LP
  • Vanguard Investments Australia Limited
  • Wellington International Management Company Pte Limited
  • Winton Futures Fund Limited

As at 31 March 2013, the top 10 Australian and international equity holdings were:

Australian

  • BHP BILLITON LTD NPV
  • WESTPAC BKG CORP NPV
  • COMMONWEALTH BANK OF AUSTRALIA NPV
  • NATL AUSTRALIA BK NPV
  • AUST & NZ BANK GRP NPV
  • TELSTRA CORP LTD NPV
  • WOOLWORTHS LTD NPV
  • RIO TINTO LIMITED NPV
  • QBE INS GROUP NPV
  • CSL LTD NPV

International

  • APPLE INC COM STK
  • EXXON MOBIL CORP COM
  • GENERAL ELECTRIC CO
  • NESTLE SA CHF0.10(REGD)
  • CHEVRON CORP COM
  • INTERNATIONAL BUSINESS MACHS CORP COM
  • JOHNSON & JOHNSON COM USD1
  • MICROSOFT CORP COM
  • PFIZER INC COM
  • PROCTER & GAMBLE COM NPV

 

Performance to 31 March 2013

Quarter %Financial year %1 year %3 years % (annualised)5 years % (annualised)
0.8 2.6 3.5 3.9 4.0