Super Informed Radio

Investment markets: December 2025

Share market performance was mixed in November—the US market was flat despite volatility during the month and shares in Australia were down 3%. What was behind the performance? In this episode, UniSuper’s Head of Fixed Interest, David Colosimo ,gives us the latest market news, as well as key things we’re watching out for over the coming month. Thank you for tuning into our podcasts over the year. This is our last investment market podcast for 2025—we’ll be back in February 2026. We wish you a safe and happy holiday season! SHOW NOTES Release date: 1 December 2025. The information in this podcast is current as at the release date but may change in the future. Your hosts are Lyndon Horsburgh and David Colosimo. Produced by Lyndon Horsburgh. Transcript available at unisuper.com.au/podcasts. For more info about investments at UniSuper, visit unisuper.com.au/investments. Watch Chief Investment Officer John Pearce’s latest investment update on our website (unisuper.com.au/investments) or our YouTube channel (youtube.com/@unisupernews) and subscribe so you don’t miss future updates. Have some feedback? Email us at podcasts@unisuper.com.au. The information discussed in this podcast is of a general nature and may include general advice. It doesn’t take into account your personal financial situation, needs or objectives. Before making any decision in relation to your UniSuper membership, you should consider your circumstances, the PDS and TMD relevant to you, and whether to consult a qualified financial adviser. For a copy of the PDS and TMD, call us on 1800 331 685 or go to unisuper.com.au/pds. Comments on the companies we invest in aren’t intended as a recommendation of those companies for inclusion in personal portfolios. Certain information contained in this podcast may include forward-looking statements, and we do not guarantee that these statements will eventuate. UniSuper has no obligation to provide updates or changes to the information in this podcast. Past performance is not an indicator of future performance. Our portfolios have been designed to suit us, and may not be appropriate for others. Prepared by UniSuper Management Pty Ltd (ABN 91 006 961 799 AFSL No. 235907) on behalf of UniSuper Limited (ABN 54 006 027 121 AFSL No. 492806) the trustee of the UniSuper fund (ABN 91 385 943 850). Visit us at www.unisuper.com.au. Learn more about super with us at www.unisuper.com.au/super.

Investment markets: November 2025

Shares in Australia and the US continued to rise in October, Australian shares were up just under 0.5% and US shares were up about 2.25% for the month. But what’s behind the numbers? In this episode, UniSuper’s Head of Fixed Interest David Colosimo gives us the latest market news, as well as key things we’re watching out for over the coming month. SHOW NOTES Release date: 3 November 2025. The information in this podcast is current as at the release date but may change in the future. Your hosts are Lyndon Horsburgh and David Colosimo. Produced by Lyndon Horsburgh. Transcript available at unisuper.com.au/podcasts. Lyndon mentioned Chief Investment Officer John Pearce’s latest investment update video - it's available on our website (unisuper.com.au/investments) or our YouTube channel (youtube.com/@unisupernews). Subscribe so you don’t miss future updates. For more info about investments at UniSuper, visit unisuper.com.au/investments. Have some feedback? Email us at podcasts@unisuper.com.au. The information discussed in this podcast is of a general nature and may include general advice. It doesn’t take into account your personal financial situation, needs or objectives. Before making any decision in relation to your UniSuper membership, you should consider your circumstances, the PDS and TMD relevant to you, and whether to consult a qualified financial adviser. For a copy of the PDS and TMD, call us on 1800 331 685 or go to unisuper.com.au/pds. Comments on the companies we invest in aren’t intended as a recommendation of those companies for inclusion in personal portfolios. Certain information contained in this podcast may include forward-looking statements, and we do not guarantee that these statements will eventuate. UniSuper has no obligation to provide updates or changes to the information in this podcast. Past performance is not an indicator of future performance. Our portfolios have been designed to suit us, and may not be appropriate for others. Prepared by UniSuper Management Pty Ltd (ABN 91 006 961 799 AFSL No. 235907) on behalf of UniSuper Limited (ABN 54 006 027 121 AFSL No. 492806) the trustee of the UniSuper fund (ABN 91 385 943 850). Visit us at www.unisuper.com.au. Learn more about super with us at www.unisuper.com.au/super.

Investment markets: October 2025

Australian shares were slightly weaker in September against a backdrop of healthy returns in most other major markets like the US, Europe, China, and Japan. So, why the underperformance? In this episode, UniSuper’s Head of Fixed Interest David Colosimo gives us the latest market news, as well as key things we’re watching out for over the coming month. SHOW NOTES Release date: 1 October 2025. The information in this podcast is current as at the release date but may change in the future. Your hosts are Lyndon Horsburgh and David Colosimo. Produced by Lyndon Horsburgh. Transcript available at unisuper.com.au/podcasts. For more info about investments at UniSuper, visit unisuper.com.au/investments. Chief Investment Officer John Pearce will release his next investment update soon. Stay tuned to our website (unisuper.com.au/investments) or our YouTube channel (youtube.com/@unisupernews) and subscribe so you don’t miss it. Have some feedback? Email us at podcasts@unisuper.com.au. *The information discussed in this podcast is of a general nature and may include general advice. It doesn’t take into account your personal financial situation, needs or objectives. Before making any decision in relation to your UniSuper membership, you should consider your circumstances, the PDS and TMD relevant to you, and whether to consult a qualified financial adviser. For a copy of the PDS and TMD, call us on 1800 331 685 or go to unisuper.com.au/pds. Comments on the companies we invest in aren’t intended as a recommendation of those companies for inclusion in personal portfolios. Certain information contained in this podcast may include forward-looking statements, and we do not guarantee that these statements will eventuate. UniSuper has no obligation to provide updates or changes to the information in this podcast. Past performance is not an indicator of future performance. Our portfolios have been designed to suit us, and may not be appropriate for others. Prepared by UniSuper Management Pty Ltd (ABN 91 006 961 799 AFSL No. 235907) on behalf of UniSuper Limited (ABN 54 006 027 121 AFSL No. 492806) the trustee of the UniSuper fund (ABN 91 385 943 850). Visit us at www.unisuper.com.au. Learn more about super with us at www.unisuper.com.au/super.

Investment markets: September 2025

Share markets achieved new highs once more in Australia and the US while other markets around the world were also strong, with China up 10%. What were the main drivers of this performance? In this episode, UniSuper’s Head of Fixed Interest David Colosimo gives us the latest market news, as well as key things we’re watching out for over the coming month. SHOW NOTES Your hosts are Lyndon Horsburgh and David Colosimo. Produced by Lyndon Horsburgh. Release date: 1 September 2025. The information in this podcast is current as at the release date but may change in the future. Transcript available at unisuper.com.au/podcasts. For more info about investments at UniSuper, visit unisuper.com.au/investments. Watch Chief Investment Officer John Pearce’s latest investment update on our website (unisuper.com.au/investments) or our YouTube channel (youtube.com/@unisupernews) and subscribe so you don’t miss future updates. Have some feedback? Email us at podcasts@unisuper.com.au. Past performance is not an indicator of future performance. The information discussed in this podcast is of a general nature and may include general advice. It doesn’t take into account your personal financial situation, needs or objectives. Before making any decision in relation to your UniSuper membership, you should consider your circumstances, the PDS and TMD relevant to you, and whether to consult a qualified financial adviser. For a copy of the PDS and TMD, call us on 1800 331 685 or go to unisuper.com.au/pds. Comments on the companies we invest in aren’t intended as a recommendation of those companies for inclusion in personal portfolios. Certain information contained in this podcast may include forward-looking statements, and we do not guarantee that these statements will eventuate. UniSuper has no obligation to provide updates or changes to the information in this podcast. Our portfolios have been designed to suit us, and may not be appropriate for others. Prepared by UniSuper Management Pty Ltd (ABN 91 006 961 799 AFSL No. 235907) on behalf of UniSuper Limited (ABN 54 006 027 121 AFSL No. 492806) the trustee of the UniSuper fund (ABN 91 385 943 850). Visit us at www.unisuper.com.au. Learn more about super with us at www.unisuper.com.au/super.

Investment markets: August 2025

Share markets hit all-time highs in Australia and the US in July, with falls from earlier in the year seemingly in the rearview mirror. What was behind this performance, and can it be sustained? In this episode, UniSuper’s Head of Fixed Interest David Colosimo gives us the latest market news, as well as key things we’re watching out for over the coming month. SHOW NOTES Your hosts are Lyndon Horsburgh and David Colosimo. Produced by Lyndon Horsburgh. Transcript available soon at unisuper.com.au/podcasts. For more info about investments at UniSuper, visit unisuper.com.au/investments. UniSuper’s Chief Investment Officer John Pearce recently recorded his latest investment update. Watch it on our website (unisuper.com.au/investments) or our YouTube channel (youtube.com/@unisupernews) and subscribe so you don’t miss future updates. John has also released his written reflection for the 2024-25 financial year. Find it at unisuper.com.au/articles/2025/07/reflections-on-the-2025-financial-year. Have some feedback? Email us at podcasts@unisuper.com.au. Past performance is not an indicator of future performance. The information discussed in this podcast is of a general nature and may include general advice. It doesn’t take into account your personal financial situation, needs or objectives. Before making any decision in relation to your UniSuper membership, you should consider your circumstances, the PDS and TMD relevant to you, and whether to consult a qualified financial adviser. For a copy of the PDS and TMD, call us on 1800 331 685 or go to unisuper.com.au/pds. Comments on the companies we invest in aren’t intended as a recommendation of those companies for inclusion in personal portfolios. Certain information contained in this podcast may include forward-looking statements, and we do not guarantee that these statements will eventuate. UniSuper has no obligation to provide updates or changes to the information in this podcast. Our portfolios have been designed to suit us, and may not be appropriate for others. Prepared by UniSuper Management Pty Ltd (ABN 91 006 961 799 AFSL No. 235907) on behalf of UniSuper Limited (ABN 54 006 027 121 AFSL No. 492806) the trustee of the UniSuper fund (ABN 91 385 943 850). Visit us at www.unisuper.com.au. Learn more about super with us at www.unisuper.com.au/super.