Balanced

Investment objective: An average return of inflation + 3.5% over ten years or more.1

Risk

It is likely that a negative return might be expected to occur between four and six years in 20.

 

Strategic Asset Allocation

The strategic asset allocations are determined by the investment objective for each option and are set annually.

This product is invested in the range of 60-90% growth assets with the balance in defensive assets.

Strategic Asset Allocation (SAA)
Asset SAA %  Range %
Australian Equities 23 10-40
International Equities 33 20-45
Property 12 0-25
Diversified Strategies (Growth) 8 0-20
Diversified Strategies (Income) 8 0-20
Inflation Linked Securities 5 0-15
  Fixed interest 8 0-25
Cash 3 0-20

These strategic asset allocations are associated with the Product Disclosure Statement dated 21 November 2019.

For actual asset allocations, updated monthly, click here.

  

Performance

Rates of returns to 31 May 20212
Investment Option 1 mth 3 mths FYTD 1 year 3 years 5 years 10 years
  % % % % % p.a. % p.a. % p.a.
Balanced 1.51 6.04 19.33 20.65 9.19 9.24 9.03

Returns greater than one year have been annualised.

Yearly rates of return net of investment fees to 30 June

Year Balanced
2019-20 -0.31%
2018-19 8.04%
2017-18 9.49%
2016-17 10.96%
2015-16 3.85%
2014-15 9.38%
2013-14 13.82%
2012-13 14.73%
2011-12 3.10%
2010-11 10.96%
2009-10 12.59%
2008-09 -15.32%
2007-08 -9.26%
2006-07 17.66%

 

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Historical unit prices

 


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 financial markets and taking into account expert advice provided by specialist investment advisor, JANA. 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