Invests mainly in growth assets such as shares, property and infrastructure, which are expected to earn higher returns over the long term, with the balance invested in more stable assets like fixed interest securities and other defensive assets.
This option is designed for members who want a balance between risk and return but who are prepared to accept an asset allocation weighted towards growth assets.
Account Based Pensions: Achieve a net return of at least 3.5% p.a. above CPI over rolling 10-year periods.
Transition to Retirement Pensions: Achieve a net return of at least 3% p.a. above CPI over rolling 10-year periods.
Standard Risk Measure
The risk level of this option is high, with a likelihood of negative returns occurring 4.3 years in a 20-year period.
Minimum Investment Timeframe
The minimum suggested timeframe to invest in this product is 7 years.
Target Asset Allocation
65% Growth Assets
35% Defensive Assets
Strategic Asset Allocation
Actual asset allocation for each asset class may vary from time to time within the permitted ranges shown in the PDS.
May 1997 (formerly known as Balanced)
For latest returns and market report, see the Performance section.