|First published: October 17|
Head of Investment Guy Rundle said the benefits were two-fold.
‘It’s a sound investment for our members from a financial standpoint, and also supports an industry that provides jobs and strengthens the Queensland economy.’
The investment adds to our growing agricultural portfolio which also includes the Central Queensland Livestock Exchange. Mr Rundle said the acquisition was exciting news for LGIAsuper members.
‘Over the past 10 years, our alternative investments, including agricultural assets, have provided solid investment returns and superior diversification benefits. This property is our first investment in tree nuts and complements our other assets.'
We’re proud of our investment performance, as well as our ability to protect and enhance our members’ super while minimising risk.
If you’d like to know more about our investment philosophy or the assets we own, see How we invest. You might also like to try our Investment risk profiler. This easy-to-use calculator will give you an idea of the type of investor you are and how much risk you are comfortable taking.
Remember: you can switch investment options to match your goals fee free, any time using Member online. Register or log in today. For more information on the investment options available and possible risks associated with switching investments, please see the Investment choice guide.
If you’d like to review your current investment strategy, you can book an appointment with one of our trusted financial advisers. We can even provide you with advice on investments outside of super. This service is known as Advice Plus. Visit our advice page or call 1800 444 396 to find out more.