January 28 2021

Strategic asset allocations

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

Cash 100% (100%)

Suitability: This option may be suitable if your priority is the safeguarding of your investment capital.
Objective* for Accumulation Plan Beneficiary Account & Working Income Stream: To provide a return after fees (but before tax) equivalent or higher than the Bloomberg AusBond Bank Bill Index.
Objective* for Retirement Income Stream: To provide a return after fees equivalent 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

(period 1 July to 30 June)
Crediting rate % p.a. 
Accumulation Plan Beneficiary Account Retirement Income Stream
2019/20 0.88 0.88 1.05
2018/19 1.88 1.88 2.22
2017/18 1.62 1.62 1.92
2016/17 1.72 1.72 2.02
2015/16 1.98 1.98 2.33
2014/15 2.25 2.25 2.65
2013/14 2.47 2.47 2.89
2012/13 3.13 3.13 3.67
2011/12 4.04 4.04 4.69
2010/11 4.12 4.12 4.86
3 years - compound average p.a. 1.74 1.74 2.05
5 years - compound average p.a. 1.89 1.89 2.23

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.