We apologise for the disruption resulting from our systems change and thank you for your patience as work through outstanding issues. Please note, you can make changes to the payment amount or frequency of your income stream in Members Online. For more information, please read our service update.

Conservative

August 09 2022

Strategic asset allocations

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

Australian shares 6.0% (0 - 20%)
International shares 8.5% (0 - 20%)
Private equity 0.0% (0 - 5%)
Property 4.0% (0 - 15%)
Infrastructure 4.5% (0 - 20%)
Alternative strategies 3.0% (0 - 15%)
Multi-asset strategies 0.0% (0 - 30%)
Credit 9.0% (0 - 25%)
Defensive Fixed Income 20.0% (0 - 30%)
Cash 45.0% (15 - 55%)
Suitability: Members with a minimum investment time frame of 5 years that are prepared to accept low to moderate volatility in pursuit of medium term capital growth and protecting capital against inflation.
Objective* for Accumulation Plan, Beneficiary Account & Working Income Stream: To provide a return of 1.0% p.a. after fees and taxes above the rate of inflation over a 5 year period.
Objective* for Retirement Income Stream: To provide a return of 1.5% p.a. after fees above the rate of inflation over a 5 year period.
Minimum suggested investment timeframe: 5 years
Risk band#: 4 - MEDIUM
Estimated number of negative annual returns#: 2 to less than 3 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).