December 2015
Listed Property option
Accumulation investments
The Listed Property option is for
members who: Option snapshot
Objective:
To achieve returns (after Fund taxes and investment expenses,
before deducting account-based fees) at least 3.0% p.a. more
than inflation (CPI) over the suggested investment time frame.
AA want to invest in a specific asset class
AA are comfortable in the value of their investments
fluctuating
AA have a long-term investment horizon.
Minimum suggested investment time frame:
Six years
The Listed Property option is suited to members who would
like to be more hands-on in choosing and managing their
accumulation investments.
Expected frequency of negative return:
Five in 20 years (high risk)
Sector investment options are less diversified than our
Pre-Mixed options and aren’t intended to be used in
isolation. They’re intended to be combined with other
investment options to build a diversified portfolio.
Type:
Sector
Indirect cost ratio:
0.48% (for year ended 30 June 2015)
Strategy
Size:
$499 million (accumulation and pension assets as at
31 December 2015)
The Listed Property option invests 100% in growth assets
and doesn’t have any exposure to defensive assets.
Actual performance may differ from objectives and expected frequency of negative returns.
Option performance chart
(as at 31 December 2015)
This chart shows the change in value of $10,000 if it were
invested in the Listed Property option over the five years
ended 31 December 2015. When looking at performance, it’s
important to remember that super is a long-term investment.
$22,000
$18,000
Growth assets usually have the potential to deliver higher
levels of return over the long term, but also carry higher
levels of risk that the value of the assets may fluctuate in
the meantime. Returns from listed property investments
are typically more volatile than returns experienced from
unlisted property investments.
Strategic asset allocation
(as at 31 December 2015)
Growth assets
Australian listed
property 50%
$14,000
International listed
property 50%
$10,000
$6,000
$2,000
2010
2011
2012
2013
2014
Five years ending 31 December 2015
Past performance does not indicate future performance. Returns are after Fund taxes and
investment expenses but before deducting account-based fees.
unisuper.com.au/investments
2015
Actual allocations will deviate from targets, but are kept within the ranges in the How we invest
your money booklet.
Defensive assets tend to carry lower risk, but are therefore
more likely to generate lower returns over the long term.
From time to time we may adjust the mix of assets, for example
due to investment market movements or tactical investment
decisions. We will always keep the overall mix of assets within
12.5% of the Listed Property option’s strategic asset allocation.
Option performance
(as at 31 December 2015)
1 Yr
(%)
3 Yrs
(%p.a.)
5 Yrs
(%p.a.)
7 Yrs
(%p.a.)
11.95
16.23
14.41
12.08
Accumulation
Listed Property
option
Sector allocation
(as at 31 December 2015)
Past performance is not an indicator of future performance. Returns are after Fund taxes and
investment expenses but before deducting account-based fees.
Retail REITs 39.2%
Diversified REITs 19.8%
Office REITs 11.9%
Industrial REITs 8.6%
Residential REITs 6.3%
Health Care REITs 4.3%
Real Estate Operating
Companies 3.3%
Specialised REITs 3.2%
Other 3.4%
Major holdings
(as at 31 December 2015)
AA Dexus Property
AA Mirvac
AA Investa Office Fund
AA Shopping Centres
Australasia
INTERNATIONAL LISTED PROPERTY
AA Simon Property
Group
AA AvalonBay
AA Prologis
AA Federal Realty
Investment Trust
AA Land Securities Group
In managing the Listed Property option’s assets, we
follow a set of core investment beliefs which you can read
more about on our website.
We manage some of our options’ investment strategies
in-house where we believe external managers have
little comparative advantage. We also appoint external
investment managers to implement specialised investment
strategies. Once we appoint a manager, we agree to terms
stating how they will invest money on our behalf. We then
regularly review each investment manager to ensure they are
compliant with these terms and that the investment manager
remains an appropriate choice to manage your money.
Find out more
AUSTRALIAN LISTED PROPERTY
AA Scentre
AA Westfield
AA Goodman
AA Stockland
AA Federation Centres
AA GPT
Our investment approach
AA Boston Properties
AA Unibail-Rodamco
AA Ventas
AA Essex Property Trust
AA Mid-America
Learn more about our investment options
and our approach to investing at
unisuper.com.au/investments.
UniSuper Advice can help you figure out what
kind of investor you are and which investment
options may suit you. Call UniSuper Advice on
1300 331 685 or find out more at
unisuper.com.au/advice.
Apartment
Community
You can visit our website for the most current list of
major holdings.
Information in this document is of a general nature only. It’s not a recommendation or endorsement of any companies listed and doesn’t take into account your individual objectives, financial situation or needs. You should read the
product disclosure statement and booklets relevant to your membership category, consider the appropriateness of the information—to your personal circumstances and investment objectives—and consider consulting a licensed
financial adviser before making an investment decision based on this information, which was correct at the time of printing but may change without notice. For the latest information visit unisuper.com.au/investments.
Issued by: UniSuper Management Pty Ltd ABN 91 006 961 799, AFSL No. 235907 on behalf of UniSuper Limited the trustee of UniSuper, Level 35, 385 Bourke Street, Melbourne Vic 3000.
Fund:
Trustee:
Date:
UniSuper, ABN 91 385 943 850
UniSuper Limited, ABN 54 006 027 121
March 2016 UNISINV00013 0316
unisuper.com.au/investments
UniSuper Advice 1300 331 685