The information below may be helpful for you to understand more about how our fund invests across some of our main asset classes.

  • Australian shares assets
    • Within our Shares asset class, our portfolio includes a large number of shares across major sectors of the Australian economy. The top 20 Australian shareholdings, by value, are listed below.

      Top 20 Australian shareholdings – updated for 31 March 2019

      Note: These holdings relate only to the Shares asset class and do not include shares that may be held as part of other asset classes, such as Multi-Assets. Figures indicate the percentage of the Australian shares portfolio, based on dollar value.

      1. Commonwealth Bank of Australia = 6.5%
      2. Westpac Banking Corporation = 6.0%
      3. CSL Ltd = 4.2%
      4. BHP Group Ltd = 3.1%
      5. Australia & New Zealand Banking Group Ltd = 2.9%
      6. Macquarie Group Ltd = 2.2%
      7. Origin Energy Ltd = 2.0%
      8. James Hardie Industries NV = 1.7%
      9. Woolworths Group Ltd = 1.7%
      10. Suncorp Group Ltd = 1.6%
      11. QBE Insurance Group Ltd = 1.6%
      12. Cochlear Ltd = 1.6%
      13. Sydney Airport = 1.5%
      14. Rea Group Ltd = 1.5%
      15. Magellan Financial Group Ltd = 1.4%
      16. Domino's Pizza = 1.4%
      17. Aurizon Holdings Ltd = 1.3%
      18. Transurban Group = 1.3%
      19. Seek Ltd = 1.3%
      20. Caltex Australia Ltd = 1.3%

      *Holdings exclude cash and liquidity.

      The benchmark for performance in this asset class is the S&P/ASX300 Accumulation Index. Information about how performance has compared with the benchmark is provided in our Annual Report each year.

      Shareholder voting

      The fund is entitled to vote on matters to be decided by shareholders for the companies that make up the fund’s Australian share portfolio. Read more about our voting policy, including a summary of how voting rights have been exercised.

       

  • International shares assets
    • Within our Shares asset class, our portfolio includes a large number of shares across major sectors of international economies. The top 20 international shareholdings, by value, are listed below.

      Top 20 international shareholdings – updated for 31 March 2019

      Note: These holdings relate only to our Shares asset class and do not include shares that may be held as part of other asset classes, such as Multi-Assets. Figures indicate the percentage of the international shares portfolio, based on dollar value.

      1. Amazon.Com Inc = 1.8%
      2. Visa Inc - Class A Shares = 1.3%
      3. Mastercard Inc = 1.1%
      4. Alphabet Inc - Class C = 1.0%
      5. Alibaba Group Holding Ltd = 0.9%
      6. Becton Dickinson And Co = 0.9%
      7. Microsoft Corporation = 0.8%
      8. Nestle SA-REG = 0.8%
      9. Danaher Corporation = 0.7%
      10. Unitedhealth Group Inc = 0.7%
      11. Pepsico Inc = 0.7%
      12. Medtronic PLC = 0.7%
      13. HDFC Bank Limited = 0.7%
      14. American Express Co = 0.6%
      15. Berkshire Hathaway Inc - Cl B = 0.6%
      16. Unilever NV - CVA = 0.6%
      17. Bio-Rad Laboratories Inc - Class A = 0.6%
      18. AIA Group Ltd = 0.6%
      19. London Stock Exchange Group = 0.6%
      20. Burlington Stores Inc = 0.6%

      *Holdings exclude cash and liquidity.

      The benchmark for performance in this asset class is the MSCI All Countries World ex Australia 25% hedged to Australian dollars index. Information about how performance has compared with the benchmark is provided in our Annual Report each year.