Balanced Growth (previously Basic Growth)
November 29 2023
Investment option name changes
The names of six of our nine investment options changed on 1 July 2023:
|Investment option name until 30 June 2023
||Investment option name from 1 July 2023
|Growth (default option)
||Balanced (default option)
Additionally, all investment options have been reclassified. For more information, please refer to our Investment option name and classification changes news article, or the relevant Product Disclosure Statement.
Strategic asset allocations
As at 1 July 2023
(asset allocation ranges are shown in brackets)
|Defensive fixed income
Target growth assets: 72%
Target defensive assets: 28%
||Members with a minimum investment time frame of 10 years that are prepared to accept a high amount of volatility in pursuit of high long term capital growth and are particularly cost sensitive.
|Objective* for Accumulation Plan Beneficiary Account & Working Income Stream:
||To provide a return of 3.25% p.a. after fees and taxes above the rate of inflation over a 10 year period.
|Objective* for Retirement Income Stream:
||To provide a return of 3.75% p.a. after fees above the rate of inflation over a 10 year period.
|Minimum suggested investment timeframe:
||6 - HIGH
|Estimated number of negative annual returns#:
||4 to less than 6 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.