High Growth

January 28 2021

Strategic asset allocations

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

Australian shares 29.5% (10-40%)
International shares 42.0% (20-55%)
Private equity 0.0% (0-10%) 
Property 7.0% (0-30%)
Infrastructure 13.0% (0-30%)
Alternative strategies 4.5% (0-15%)
Multi-asset strategies 0.0% (0-20%)
Credit 4.0% (0-15%)
Suitability: This option may be suitable if you are prepared to accept moderate to high volatility of capital in pursuit of high long-term capital growth.
Objective* Accumulation Plan, Beneficiary Account & Working Income Stream: To provide a return of 4.25% p.a. after fees and taxes above the rate of inflation over a 12 year period.
Objective* Retirement Income Stream: To provide a return of 4.75% p.a. after fees above the rate of inflation over a 12 year period.
Minimum suggested
investment timeframe:		 12 years
Risk band#: 6 - HIGH
Estimated number
of negative
annual returns#:		 4 to less than 6 over any 20 year period

Investment Option Performance

High Growth
(period 1 July to 30 June)		 Crediting rate % p.a. 
Accumulation Plan Beneficiary Account Retirement Income Stream
2019/20 -0.24 -0.24 -0.22
2018/19 7.12 7.12 8.27
2017/18 10.22  10.22 11.40
2016/17  11.62 11.62 13.31
2015/16 2.90 2.90 3.26
2014/15 9.53 9.53 10.67
2013/14 13.32 13.32 15.07
2012/13 16.13 16.13 18.52
2011/12 4.35 4.35 4.98
2010/11 11.18 11.18 12.91
3 years - compound average p.a. 9.64 9.64 10.97
5 years - compound average p.a. 8.23 8.23 9.33

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.