Basic Growth

January 21 2021

Strategic asset allocations

As at 11 January 2021
(asset allocation ranges are shown in brackets)

Australian shares1 26.5% (5-35%)
International shares1 37.5% (10-50%)
Property 7.0% (0-20%)
Infrastructure 11.0% (0-25%)
Alternative strategies 0.0% (0-10%)
Multi-asset strategies 0.0% (0-30%)
Credit 7.5% (0-25%)
Defensive Fixed Income 7.5% (0-20%)
Cash 3.0% (0-15%)
Suitability: This option may be suitable if you are interested in long term capital growth, can accept higher levels of short term volatility and are particularly cost sensitive.
Objective* for Accumulation Plan Beneficiary Account & Working Income Stream: To provide a return of 3.5% 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 4.0% p.a. after fees above the rate of inflation over a 10 year period.
Minimum suggested
investment timeframe:		 10 years
Risk band#: 6 - HIGH
Estimated number
of negative
annual returns#:		 4 to less than 6 over any 20 year period

Investment Option Performance

Basic Growth
(period 1 July to 30 June)		 Crediting rate % p.a. 
Accumulation Plan Beneficiary Account Retirement Income Stream
2019/20 0.39 0.39 0.43
2018/19 8.94 8.94 10.46
2017/18 9.86 9.86 11.28

The Basic Growth option commenced on 1 July 2017. Past performance is not a reliable indicator of future performance and should not be relied upon for making investment decisions.

 

* 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.

1100% passively invested against the S&P/ASX200 index net dividends reinvested for Australian Shares against the MSCI World ex-Australia net dividends reinvested for International Shares.