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Balanced

August 09 2022

Strategic asset allocations

As at 19 October 2021
(asset allocation ranges are shown in brackets)

Australian shares 11.5% (0 - 30%)
International shares 15.5% (5 - 30%)
Private Equity 0.0% (0 - 10%)
Property 6.0% (0 - 20%)
Infrastructure 6.5% (0 - 25%)
Alternative strategies 4.5% (0 - 15%)
Multi-asset strategies 0.0% (0 - 25%)
Credit 11.0% (0 - 30%)
Defensive Fixed Income 26.5% (5 - 40%)
Cash 18.5% (0 - 25%)
Suitability: Members with a minimum investment time frame of 10 years that are prepared to accept moderate volatility in pursuit of long term capital growth.
Objective* Accumulation Plan, Beneficiary Account & Working Income Stream: To provide a return of 2.0% p.a. after fees and taxes above the rate of inflation over a 10 year period.
Objective* Retirement Income Stream: To provide a return of 2.5% p.a. after fees above the rate of inflation over a 10 year period.
Minimum suggested investment timeframe: 10 years
Risk band#: 5 - MEDIUM to HIGH
Estimated number of negative annual returns#: 3 to less than 4 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).