Investment objective: An average return of inflation + 1% over two years or more.1
It is likely that a negative return might be expected to occur between 0.5 year and one year in any 20 year period.
Strategic Asset Allocation
The strategic asset allocations are determined by the investment objective for each option and are set annually.
This option is invested in the range of 10%-40% growth assets with the balance in defensive assets.
|Strategic Asset Allocation (SAA)|
|Asset||SAA %||Range %|
|Diversified Strategies (Income)||17||5-30|
|Inflation Linked Securities||15||5-25|
For actual asset allocations, updated monthly, click here.
Returns greater than one year have been annualised.
Yearly rates of return net of investment fees to 30 June
+Option introduced on 1 July 2004.
Find out more:
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.