Shares Only

April 26 2024

Strategic asset allocations

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

Australian shares 40.0% (25–75%)
International shares 60.0% (25–75%)
Private Equity 0.0% (0–10%)

 

Target growth assets: 100%

Target defensive assets: 0%

Suitability: Members with a minimum investment time frame of 12 years that are prepared to accept a high amount of volatility in pursuit of high long term capital growth.
Objective* for Accumulation Plan, Beneficiary Account & Working Income  Stream: To provide a return of 4.0% p.a. after fees and taxes above the rate of inflation over a 12 year period.
Objective* for Retirement Income Stream:
 To provide a return of 4.5% p.a. after fees above the rate of inflation over a 12 year period.
Minimum suggested investment timeframe: 12 years
Risk band#: 7 - VERY HIGH
Estimated number of negative annual returns#: 6 or greater 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).