Understanding the APRA heatmap

We believe that it is only fair that every Australian should have greater transparency around the performance of the superannuation industry, and APRA’s heatmap is a significant step in the right direction.

The Core Strategy is Rest’s default investment option. Members who don’t make an investment choice or actively choose to invest all their money in the Core Strategy, will be a MySuper member. The MySuper product is available in both Rest Super and Rest Corporate.

Core Strategy has been included in the APRA heatmap since it commenced.

This year, seven of our Choice investment options are also included in the heatmap. They are:

Capital Stable
Balanced
Diversified
High Growth
Balanced – Indexed
Sustainable Growth
Shares

In coming years, APRA will add more of Rest’s Choice products into the heatmap. This time, they only focused on multi-sector open accumulation products.

Rest Pension’s investment options are not included in the heatmap.

How did we stack up?

Rest has a strong history of investment performance built around a long-term philosophy focused on the specific needs of our unique membership profile which is characterised by a younger and lower balance demographic.

As recently as 2015 Rest portfolios were the best performers in the super league tables over all time periods.

The seven-year period to 30 June 2021 (particularly 2018 and 2019) investors who were prepared to take on a greater risk profile saw stronger performance. At Rest, we took a different investment approach, focusing our efforts on choosing investments that would produce positive stable returns and be resilient when the market went down.

However, equity markets rallied more than we expected, particularly in higher-risk growth stocks, making this traditionally more conservative approach less effective over this period relative to some other super funds.

Rest’s Core Strategy	delivers 17.4% return for year ending 30 June 2021
Capital Stable	delivers 9.14% return for year ending 30 June 2021
Balanced	delivers 13.91% return for year ending 30 June 2021
Diversified	delivers 19.18% return for year ending 30 June 2021
High Growth	delivers 23.17% return for year ending 30 June 2021
Shares	delivers 27.62% return for year ending 30 June 2021
Balanced Indexed	delivers 19.9% return for year ending 30 June 2021
Sustainable Growth	This option was launched on 29 March 2021. As at 30 November 2021 the option had delivered strong six month returns of 7.38%