Investment objective: To maintain the value of capital.1
It is likely that a negative return might be expected to occur less than 0.5 years in 20.
This product is invested 100% in cash. More details of the underlying investment of the Cash option are available here.
|Strategic Asset Allocation|
Returns greater than one year have been annualised.
Yearly rates of return net of investment fees and tax to 30 June 2016
*Option introduced on 1 April 2005.
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1 Investment objectives state what each option aims to achieve. They are designed to help members with their investment decisions. The objectives have been determined having regard for the long term performance and characteristics of investment markets and taking into account expert advice. There is no guarantee, however, that the objectives will be met. This is because financial markets are volatile and future returns may vary from past returns. Indeed, for funds with exposure to growth assets there is a material likelihood that returns may be negative in any particular year.
2 Net of investment fees and tax