Investment insights: June 2024 quarter
Qantas Super has delivered top performance for members through 2023/24, with three of our investment options ranking in the top 10 of their respective SuperRatings categories for the 12 months to 30 June 2024.
We conduct reviews of our investment options to make sure they’re set up in the best way to achieve their return objectives. On 4 May 2020, the asset allocation ranges for our investment options (excluding the Cash option) changed.
Your super investments are categorised into five asset classes; equities, growth alternatives, defensive alternatives, fixed interest, and cash. Each of our investment options has a different strategic allocation to these asset classes, which is chosen with the aim of achieving our investment return objectives.
The actual allocation to each asset class will be within an asset allocation range and typically varies with investment decisions and market movements. The range defines the minimum and maximum amounts we invest in each asset class.
Since the start of the COVID-19 health crisis, we have seen an increase in market volatility and a higher than usual number of members making requests to switch their investment options. This has meant the balance of some of our asset classes have changed relative to others. Widening the asset allocation ranges will improve our ability to achieve investment return objectives, in the best interests of our members.
If you’d like to understand these changes in more detail or want to discuss your investment options, please call our friendly helpline on 1300 362 967 or book an appointment with a Super Adviser.
Qantas Super has delivered top performance for members through 2023/24, with three of our investment options ranking in the top 10 of their respective SuperRatings categories for the 12 months to 30 June 2024.
Qantas Super has had a strong start to the 2024 calendar year, with three of our investment options hitting double digit returns for the financial year to 31 March 2024.
Qantas Super had a strong end to the 2023 calendar year, with each of our investment options posting strong gains over the December quarter.