Page 1



December 2015 Responsible investment Catholic Super leads the way

Thank you for entrusting us with your financial future during 2015 and into 2016. On behalf of all of us at Catholic Super, I wish you a very merry Christmas and a happy and safe new year.” Frank Pegan, CEO, Catholic Super

Frank Pegan, CEO Catholic Super (far right)

Earlier this month, Frank Pegan (Catholic Super’s CEO and the Chair of the Investor Group on Climate Change) spoke to audiences at the United Nations Climate Change Conference (COP21) at Le Bourget in France and then discussed the outcomes of the Conference with the Vatican in Rome. The aim of COP21 was to deliver an agreement to keep global warming below 2°C and Frank addressed comprehensive climate policies with global institutional investors. At both events, Frank was invited to showcase the investment practices of Catholic Super and the role that investors can play to influence regulators, companies and others in the financial sector in favour of a low carbon and climate resilient economy. Frank is passionate about the global transition away from carbon in order to provide economic, social and environmental benefits for the world’s population. Last year in his capacity of Chair of the IGCC, Frank addressed world leaders at the UN Climate Summit in New York, calling for bold and consistent policies for global capital markets. “For Catholic Super, our investment approach is pragmatic and from the outset is about risk and achieving returns for our members.

We invest in opportunities that meet return requirements whilst also supporting the low carbon transition,” said Frank. More details of Frank’s experiences at COP21 and the Vatican will be included in the next newsletter.

Christmas Service Centre hours Our Service Centre is normally open from 8am to 8pm*. Listed below are our operating hours over the holiday period:

What is the Montreal Carbon Pledge? Launched by the United Nations-supported Principles for Responsible Investment (PRI) initiative on 25 September 2014, the Montreal Carbon Pledge is a commitment by a group of investors to measure and report the carbon footprint of its listed equity investment portfolios on an annual basis. As the Australian founding signatory of the PRI, Catholic Super is committed to the Montreal Carbon Pledge, and actively involved in the PRI initiatives. More information is available online at and


Opening hours*

Friday, 18 December 2015

8am to 12:30pm

Monday, 21 December 2015

8am to 8pm

Tuesday, 22 December 2015

8am to 8pm

Wednesday, 23 December 2015 8am to 12pm Thursday, 24 December 2015


Friday, 25 December 2015


Monday, 28 December 2015


Tuesday, 29 December 2015

10am to 4pm

Wednesday, 30 December 2015 10am to 4pm Thursday, 31 December 2015

10am to 3pm

Friday, 1 January 2016


Monday, 4 January 2016 onwards

8am to 8pm


Annual Report coming soon The 2015 Annual Report will be released online shortly

Board Director update

This year’s Report will contain a lot of significant information, including:

Employer Board Director election result

• news of our outstanding 10-year investment returns,

Thank you to those who participated in the recent election for an employer nominated Director to the Trustee Board.

• a review of the 2014/15 financial year, • information about our service team and Australia-wide coverage,

We wish to congratulate Mrs Marcia Clohesy who was reelected as an Employer Representative Director.

• a message from our CEO and Board Chair, and more! Past Annual Reports are available to you online 24 hours a day, 7 days a week at The 2015 Report will also be found here, so that we can conserve our planet’s resources and reduce postal costs.

“Australia’s most satisfied superannuation members” Roy Morgan Poll, May 2015

Marcia is extremely grateful for the vote of confidence and is enthusiastic about continuing her commitment to work diligently for the benefit of all members.


objectives and strategies

These tables explain each of our investment options, their current objectives, strategies and asset allocations. For more information, read our Product Disclosure Statements available from our website at please er–pds and sion–pds.

Managed Choice Options

Aggressive Aim

Return Objective (Super) Standard Risk Measure

Risk Band and Label Target Asset Allocation Suggested minimum timeframe Strategic asset allocation*

Moderately Aggressive

Conservative Balanced

To achieve attractive returns over the long term. Returns are likely to be very volatile and risk of capital loss over short to medium term periods is high.

CPI + 4.0% over rolling 10 years

To achieve favourable returns To achieve solid long term over the long term. Returns returns over the long term. are likely to be volatile and a Returns are likely to be risk of capital loss over short visitedand risk havevolatile moderately Specialists Superannuation toOur medium term periods is of or capital loss over short at home members in their workplace substantial. to medium term periods is year. across Australia this financial significant.

CPI + 3.5% over rolling 10 years

CPIContact + 3.0% over find out more! rolling us to CPI + 2.75% over rolling 10 years 10 years

Estimated number of negative annual returns over any 20 year period, 4 to less than 6 years.

Estimated number of negative annual returns over any 20 year period, 4 to less than 6 years.


Estimated number of negative annual returns over any 20 year period, 3 to less than 4 years.

Estimated number of negative annual returns over any 20 year period, 3 to less than 4 years.

Risk Band 6, High

Risk Band 6, High

96% Growth assets, 4% defensive assets

Risk Band 5, Medium to High

80% Growth assets, 20% defensive assets

Risk Band 5, Medium to High

70% Growth assets, 30% defensive assets

55% Growth assets, 45% defensive assets

Long (5 – 10 years +)

Medium (5 years +)

Very long (7 – 10 years +) Australian Shares Overseas Shares Property Private Equity Growth Alternatives Infrastructure

Very long (7 – 10 years +)

38% 37% 5% 4% 7% 9%

Australian Shares Overseas Shares Property Private Equity Growth Alternatives Fixed Interest Cash Infrastructure Defensive Alternatives

30% 30% 6% 4% 6% 7% 2% 8% 7%



Balanced (MySuper option)

To achieve strong investment returns over the long term. Returns are likely to be extremely volatile and risk of capital loss over short to medium term periods is very high.

Australian Shares Overseas Shares Property Private Equity Growth Alternatives Fixed Interest Cash Infrastructure Defensive Alternatives

27% 27% 8% 3% 6% 13% 3% 6% 7%

Australian Shares Overseas Shares Property Private Equity Growth Alternatives Fixed Interest Cash Infrastructure Defensive Alternatives

THAT MAKES CATHOLIC SUPER HOW DO WE PROVIDE THE SERVICE financial performance. MEMBERS THE MOST SATISFIED? we something right. Platinum service supports at the heart of what Personal service is our priority, and and knowledge, do. We want to help you with understanding a team of highly skilled and we’re here to support you with friendly Superannuation and compassionate people. From our planners, we have a Specialists to our experienced financial of mind about your common goal – to give you the peace money. from 8am to phone the over support Our Service Team provides use any phone scripting, 8pm AEST, Monday to Friday. We don’t query about your super or and our team can help you with any we’ll respond to your email pension account. If you can’t call us, within 24 hours. and we work hard to Our members expect platinum service, voted Catholic Super as deliver it. The fact that our members performance in the number 1 fund for service and financial shows we must be doing this year’s Roy Morgan Research poll

as we deliver excellent Our members trust us with their super not just our targets, long-term returns and consistently exceed but those of other super funds.

we keep investing in more As we continue to grow as a fund, members. For example: personalised and local service to our are shutting down offices against the trend of companies who our Service Team is and/or relocating their call centre overseas, several local offices based in Melbourne and we have opened years, including our new across Australia over the past three Darwin office in late 2014. our financial planners With face-to-face service across Australia, offer personal advice and and Senior Superannuation Specialists areas. Our planners do not free seminars in all metro and rural we believe your money receive commissions or bonuses because financial future. is there to work for you, to secure your

members.” “As we grow, we invest in our service toEmily Wooden Executive Officer – Business Transformation,

Catholic Super

21% 21% 9% 2% 6% 18% 10% 5% 8%


We’ve opened local offices across Australia

since 2008.

Annual Report 2015 | page 17

Article from The Catholic Weekly, 21

Future Director elections The Federal Government is legislating to change the composition of the Boards of superannuation funds. At this stage, it is unlikely that the Legislation and associated Prudential Standards will be finalised by the end of this year.

June 2015

As this may affect the Trustee’s Governance structure, the Board have decided to defer all Director elections until 2017.

Contact Catholic Super Brisbane



Level 5, 303 Coronation Drive Milton QLD 4064 PO Box 1931, Milton QLD 4064

Ashby House, 1 Malone St, Geelong VIC 3220 PO Box 816, Geelong VIC 3220

St Brigid’s Centre, 60 John St, Northbridge WA 6003 PO Box 132, Northbridge WA 6865




Unit 3, 59 Wentworth Ave, Kingston ACT 2604 PO Box 4367, Kingston ACT 2604

35 Tower Rd, New Town TAS 7008

Polding Centre Level 7, 133 Liverpool St Sydney NSW 2000


Level 1, 535 Bourke St, Melbourne VIC 3000 PO Box 333, Collins Street West VIC 8007

Unit 28, 1 Dashwood Place, Darwin NT 0820 GPO Box 845 Darwin NT 0801


Issued by CSF Pty Limited (ABN 30 006 169 286; AFSL 246664), the Trustee of the MyLifeMyMoney Superannuation Fund (ABN 50 237 896 957; SPIN CSF0100AU). The information contained herein is about the Fund and is general information only. It has been prepared without taking into account your personal investment objectives, financial situation or needs. It is not intended to be, and should not be construed in any way as, investment, legal or financial advice.

CS217 011215 | 1300 655 002 (8am – 8pm AEST, Monday to Friday) | GPO Box 4303, Melbourne VIC 3001

Catholic Super - Employer newsletter December 2015  
Read more
Read more
Similar to
Popular now
Just for you