6% 37% 17.5%
table of contents / news / improving your super / investments / financial statements / contact 17.5%
15% 7%
PRE-MIXED OPTIONS
Each option contains a mix of growth and defensive asset classes (diversified)
Balanced (default )
Investment objective
This is the investment option that most members are in and the option to which your super automatically invests in (defaults to), unless you instruct us otherwise.
To achieve a return (net of tax and investment expenses) that exceeds the increase in the CPI by at least 4% per year over moving 10 year periods, and to limit the probability of achieving a negative return to approximately 1 year in 5.
Investment strategy To invest in a diversified range of investments, with approximately 73% in shares, growth property and alternative investments, and approximately 27% in cash, fixed income and defensive property.
Risk of short-term negative return
Growth...........................73%
Investment fee#
Defensive......................27%
Moderate The return obtained each year will fluctuate and will be negative from time to time. There is a moderate chance that the return in any 1 year will be negative.
High Growth
Strategic asset allocation ^ 14% 20%
2%
Investment strategy
26%
12% 26%
To invest in a diversified range of investments, with approximately 95% in shares, growth property and alternative investments, and approximately 5% in defensive property.
%
Ranges
Australian shares
26%
22–36%
International shares
26%
22–36%
Growth.............................95%
2% 12%
3–15%
Defensive...........................5%
20%
8–25%
14%
5–20%
2%
0–10%
Property
14% 20%
Alternatives 12%
21%
Fixed interest
11.5%
26%
Cash
40%
0.69%
26%
11.5%
Investment objective To achieve a return (net of tax and investment expenses) that exceeds the
increase in the CPI by at least 5% per year over moving 10 year periods, and to limit the probability of achieving a negative return to approximately 1 year in 4.
Strategic asset allocation ^ 7%
34.5%
Risk of short-term negative return Moderate to High The return obtained each year will fluctuate significantly and will be negative from time to time. There is a moderate to high chance that the return in any 1 year will be negative. Investment fee# 0.75%
24%
34.5%
%
Ranges
Australian shares
34.5%
25–45%
International shares
34.5%
25–45%
7%
2–15%
24%
10–30%
Fixed interest
0%
0–5%
Cash
0%
0–5%
Property Alternatives
10% 6%
Conservative Investment strategy To invest in a diversified range of investments, with approximately 30% in shares, growth property and alternative investments, and approximately 70% in cash, fixed income and defensive property. Growth.............................30% Defensive........................70%
Investment objective
14%
Low The return obtained each year will fluctuate and will be negative from time to time. There is a low chance that the return in any 1 year will be negative. Investment fee#
2%
Strategic asset 20% allocation ^
To achieve a return (net of tax and investment expenses) that exceeds the increase in the CPI by at least 2% per year over moving 5 year periods, and to limit the probability of achieving a negative return to approximately 1 year in 14. Risk of short-term negative return
#The investment fee is a measure of the fees deducted from investments. These fees include the cost of the Fund’s investment managers, custodian and investment advisor and certain other costs of the Fund. The investment fee is the total of these costs, divided by the net asset value of the Fund. These fees are deducted directly from the investment earnings before they are allocated to member accounts. They are therefore not deducted from your super account directly.
12%
26%
21%
^Strategic asset allocation as at 18 August 2010.
11.5%
26% 40%
PLEASE NOTE: The Conservative, Moderate and High Growth Options commenced on 1 September 2010.
11.5% 6% 37% 6%
10% 17.5% 17.5%%
Ranges
Australian shares
11.5%
5–15%
International shares
11.5%
5–15%
15% 7%
21%
Property
10%
4–17%
6%
2–12%
11.5%
Alternatives 40%
6%11.5%
40%
Fixed interest 37% Cash
6%
10% 17.5% 21%
20–55% 15–35%
0.48% 15% 7%
Moderate Investment strategy To invest in a diversified range of investments, with approximately 50% in shares, growth property and alternative investments, and approximately 50% in cash, fixed income and defensive property. Growth.............................50% Defensive........................50% Investment objective To achieve a return (net of tax and investment expenses) that exceeds the
increase in the CPI by at least 3% per year over moving 5 year periods, and to limit the probability of achieving a negative return to approximately 1 year in 7.
Investment fee# 0.60%
34.5%
34.5%
Strategic asset allocation ^ 6% 37% 17.5%
Risk of short-term negative return Low to Moderate The return obtained each year will fluctuate and will be negative from time to time. There is a low to moderate chance that the return in any 1 year will be negative.
17.5% 24% 7%
15% 7%
17.5% 24% 7%
% 34.5%
34.5%
Ranges
Australian shares
17.5%
10–25%
International shares
17.5%
10–25%
7%
2–15%
Property Alternatives
15%
6–18%
Fixed interest
37%
25–50%
6%
0–15%
Cash
7%
34.5%
24%
34.5%
continued over >
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