Representatives of the Rail Tram and Bus Union (RTBU) have made a claim that we're hopeful can be resolved through discussions with the union and engagement with Metro Trains.

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Cash

April 17 2024

Strategic asset allocations

As at 1 Juy 2023
(asset allocation ranges are shown in brackets)

Cash 100% (100%)

 

Target growth assets: 0%

Target defensive assets: 100%

Suitability: Members with a minimum investment time frame of 1 year that are prepared to accept a very low amount of volatility in pursuit of safeguarding investment capital.
Objective* for Accumulation Plan Beneficiary Account & Working Income Stream: To provide a return after fees (but before tax) equivalent to or higher than the Bloomberg AusBond Bank Bill Index.
Objective* for Retirement Income Stream: To provide a return after fees equivalent to or higher than the Bloomberg AusBond Bank Bill Index.
Minimum suggested investment timeframe: 1 year
Risk band#: 1 - VERY LOW
Estimated number of negative annual returns#: Less than 0.5 over any 20 year period

Investment option performance

Our annual returns page shows the annual and long-term average returns for this option listed by product.

 

* The investment objectives are not a promise or guarantee of any particular benefit. They represent a benchmark against which the Board monitors the performance of the investments of the Fund.

# The standard risk measure is based on industry guidance to allow members to compare investment options that are expected to deliver a similar number of negative annual returns over any 20 year period. The standard risk measure is not a complete assessment of all forms of investment risk, for instance it does not detail what the size of a negative return could be or the potential for a positive return to be less than a member may require to meet their objectives. Further, it does not take into account the impact of administration fees and tax on the likelihood of a negative return. Members should still ensure they are comfortable with the risks and potential losses associated with their chosen investment option(s).