Main region

Unlisted Assets

Invests in a diversified portfolio of mostly unlisted assets like private equity, infrastructure, and property.

We launched a new investment option menu on 1 July 2024.  Please visit the info hub to learn how this affects Accumulation and Income accounts.

Summary

As at 31 March 2024

8.21% p.a.

Returns over the last 5 years1

7+ years

Suggested timeframe

1.74% p.a.

Fees2 + admin fees and costs

Who it suits

Suitable if you're an investor who:

  • wants a diversified portfolio of mostly unlisted assets (like private equity, infrastructure and property), with a strategic allocation of 5% to listed property for liquidity management
  • is willing to take higher risk for higher long-term returns
  • is prepared to accept that unlisted assets can have negative returns over the short to medium term
  • is prepared to accept medium to high levels of volatility in returns from year to year.

Risk3

 
  • Very low
  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High
  • Very high

Expected number of years of negative annual returns over any 20-year period: 3 to less than 4. The risk is based on the standard risk measure (SRM).

Investment objective3

Accumulation and TTR Income accounts: CPI + 4.5% p.a.
Retirement Income accounts: CPI + 5.0% p.a.

Option size

Super assets: $340.1 million
Pension assets: $161.4 million

Important: In some unfavourable market conditions, we reserve the right to restrict investment option changes and benefit payments. This option isn't suitable if you're not prepared to tolerate this risk.

Unlisted Assets performance

As at 31 March 20241


Australian Retirement Trust’s Unlisted Assets option for Accumulation accounts produced a return of 1.2% for the quarter and 5.6% over the year to March 2024.

The option has delivered solid returns despite challenging conditions in financial markets. The portfolio invests in private equity, infrastructure as well as private debt. While infrastructure was the best performer, all three asset classes delivered positive returns over both the quarter and the year to March 2024.

Accumulation accounts Retirement Income accounts4
10 years (p.a.) n/a n/a
7 years (p.a.) n/a n/a
5 years (p.a.) 8.21% 8.97%
3 years (p.a.) 8.99% 9.89%
1 year 5.64% 6.12%
3 months 1.21% 1.32%

Past performance isn't a reliable indicator of future performance. Returns shown are after investment fees and costs, transaction costs and investment taxes (where relevant) but before all other fees and costs.

Returns shown here for our Accumulation account are also the returns that apply for Transition to Retirement income accounts. Tax generally doesn't apply to investment earnings in Retirement Income accounts.

Unlisted Assets asset allocation


 

Asset allocations4
Unlisted assets and alternatives
100.0%
Total 100%

Outlook and strategy

As at 31 March 2024


We are maintaining a cautious and disciplined approach to making new investments across all 3 components of the portfolio.

During the quarter, our infrastructure team made an additional investment in Puget Sound Energy, an energy utility in Washington State to enable an additional investment in renewable energy capacity. And the team added to ART’s investment in FiberLight, a US fibre network infrastructure provider.

Our private equity team committed to investments in EngageSmart, a US based provider of customer engagement software to healthcare practices and integrated payment solutions to governments, utilities and financial services companies; and to BigTop, a US based designer and manufacturer of fabric structures for commercial, industrial, military and recreational uses.

In our private debt portfolios we extended credit to Crown Labs, a US manufacturer and distributor of topical skin care products.

Want to know more?

Payment icon

Compare our options

Learn more about our wide range of investment options so you can choose what's right for you.

Compare today
Payment icon

Manage your investments

You can check and change your investment options anytime in Member Online.

Log in now
Document icon

View our performance

We give regular updates on the economy and market, along with how your investments are performing.

Find out more
Payment icon

Contact us

We’re available to speak by phone or live chat between 8:00am–7:30pm AEST/AEDT Monday to Friday.

Contact us today
illustration

Join Australian Retirement Trust today - it only takes a few minutes.

We're one of the largest super funds in Australia. Join today and enjoy the benefits as we grow even more.

Join today
  1. Past performance isn't a reliable indicator of future performance. Returns shown in the Summary table above are for Accumulation accounts. To show the performance of the Accumulation and Retirement Income accounts, we’ve used Sunsuper for life Diversified Alternatives option returns up to 28 February 2022, then Super Savings Diversified Alternatives option returns after that date.
  2. Fees refers to investment fees and costs and transaction costs.
  3. When reading the objectives and/or risks please also read the information in the PDS that applies to you.
  4. Tax generally doesn't apply to investment earnings in Retirement Income accounts.
  5. From 1 July 2024. For more information on these asset classes, strategic asset allocations, and allowable ranges, read the PDS that applies to you.