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  5. Brighter Super Optimiser MySuper - Managed fund profile

Brighter Super Optimiser MySuper - Managed Fund

Fund Objective
Return target of 3% per year above inflation over rolling 10-year periods after fees and taxes.
Fund Strategy
The MySuper option aims for a diversified portfolio of assets expected to generate 3% returns per year above inflation after fees and taxes. It is suited to those seeking reasonably high returns and able to accept modest to significant fluctuations in returns over shorter periods, and has a minimum suggested holding period of 10 years.

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.52% 3.69% 4.91% 10.45% -% -% -% -%
Growth return 1.08% 1.17% 6.91% -% -% -% -% -%
Income return -0.56% 2.52% -2% -% -% -% -% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.9% 5.39% 7.14% 12.12% 12.75% 11.38% 8.95% 8.08%
As at 31 Aug 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
4.02%
Australian Equities
27.27%
International Equities
35.24%
Cash
6.11%
Property & Infrastructure
6.35%
Fixed Interest
21.01%

General Information

Fund Details
Type Description
Brighter Super Optimiser MySuper
QLG7475AU
Multisector Growth
Not Rated
Superannuation Fund
1 Jun 2023
n/a
$2.22276 (as at 25 Sep 2024)
$2.22276 (as at 25 Sep 2024)
Finalised
Offer information
Type Description
MER 0.67% (as at 1 Feb 2024)
Minimum initial investment $1.00
Minimum additional investments $1.00

FAQs about the Brighter Super Optimiser MySuper

The objective of the Brighter Super Optimiser MySuper managed fund is Return target of 3% per year above inflation over rolling 10-year periods after fees and taxes.

The strategy of the Brighter Super Optimiser MySuper managed fund is The MySuper option aims for a diversified portfolio of assets expected to generate 3% returns per year above inflation after fees and taxes. It is suited to those seeking reasonably high returns and able to accept modest to significant fluctuations in returns over shorter periods, and has a minimum suggested holding period of 10 years.

The APIR code of the Brighter Super Optimiser MySuper managed fund is QLG7475AU.

Brighter Super Optimiser MySuper’s total return last month was 0.52%. This was made up of a growth return of 1.08% and an income return of -0.56%. These returns were calculated as at 31 Aug 2024.

Brighter Super Optimiser MySuper’s total return for the last three months was 3.69%. This was made up of a growth return of 1.17% and an income return of 2.52%%. These returns were calculated as at 31 Aug 2024.

Brighter Super Optimiser MySuper’s one-year total return is 10.45%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2024.

Brighter Super Optimiser MySuper’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2024.

The asset allocation of the Brighter Super Optimiser MySuper managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Brighter Super Optimiser MySuper managed fund belongs to the Multisector Growth sector/asset class.

As at , the size of the Brighter Super Optimiser MySuper managed fund was $ million.

The Brighter Super Optimiser MySuper managed fund has an inception date of 1 Jun 2023.

The current entry price of the Brighter Super Optimiser MySuper managed fund is $2.22276 per unit and the current exit price is $2.22276 per unit (as at 25 Sep 2024).

The current exit price of the Brighter Super Optimiser MySuper managed fund is $2.22276 per unit and the current entry price is $2.22276 per unit (as at 25 Sep 2024).

The minimum initial investment amount for the Brighter Super Optimiser MySuper managed fund is $1. Minimum additional investment is $1.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.