Product Dashboard – VISSF Balanced Option
Use this dashboard to compare the VISSF Balanced Option with other MySuper products.
To achieve over rolling 10 year periods a rate of return, after tax and fees, in excess of the Consumer Price Index (“CPI”) plus 3%.
The 10 year average return to 31 January 2019 was 9.2%1
Comparison between return target and return 1
Level of investment risk 2
Risk Band: 6
Risk Label: High
Estimated number of negative annual returns over any 20 year period: 4 to less than 5
Statement of fees and costs
The approximate fees and costs for a member fully invested in the VISSF Balanced Option with a balance of $50,000 is $527 per year.
1. The returns shown are based on a representative member with a $50,000 balance after all direct costs, indirect costs and taxes. Past performance is not an indication of future performance and therefore future investment returns may differ from past investment returns and may be positive or negative.
2. The level of investment risk is disclosed using 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. This is not a complete assessment of all forms of investment risk and it does not take into account the impact of fees and tax on the likelihood of a negative return. Members should ensure they are comfortable with the risks and potential issues associated with their chosen investment strategy.