Balanced
Automatic option for Retained Benefit accounts, Spouse accounts and pensions.
Investment objective
Returns of 4% p.a. above inflation over rolling 5-year periods.
Who does it best suit?
Those looking to achieve a moderate investment return with a lower level of investment risk than Growth and High Growth options. Suitable for periods of 7 years or more.
Strategic asset allocation
The annual report to members shows the actual asset allocation at 30 June each year.
% | |
|---|---|
| Return-seeking assets | 55.5 |
| Australian shares | 16.5 |
| International shares | 16.5 |
| Property | 15 |
| Alternatives | 7.5 |
| Risk-controlling assets | 44.5 |
| Alternatives | 4.5 |
| Fixed interest | 40 |
| Cash | 0 |
Earning rates
Past performance is not an indicator of future performance.
| Year ending 30 June | Accumulation accounts % p.a. | Pension accounts % p.a. |
|---|---|---|
| 2008 | -1.46 | -1.67 |
| 2007 | 11.90 | 13.18 |
| 2006 | 11.39 | 12.51 |
| 2005 | 12.18 | 13.04 |
| 2004 | 11.45 | 12.41 |
| 5-yr avge (% p.a.) | 8.96 | 9.73 |
| % p.a. over CPI | 5.84 | 6.61 |
Risk
Positive returns expected 7 out of 8 years
Total fees (2007/08)
0.64% p.a.
