The Importance of Diversifying Within Industry Funds

Alan says couples should not be in the industry fund. Unisuper is interesting, that yes long-term they've outperformed but they did go backwards by 5% two years ago,. Their fourth negative return in 30 odd years. They own like 15% of Transurban, which is worth like 4.5 billion. Another one, Unisuper owns 16% of GPT, the big property trust. So there's a $540 million gap in Unisuper's stake in GPT. And I reckon Melbourne Central, they own Melbourne Central, COVID Melbourne CBD. But what's your point? My point is he thinks that Unisuper has historically performed well, butI