Provides an even distribution between growth and defensive assets. The aim is to provide capital growth with reduced volatility.
This option is designed for members who want a balance between risk and return.
Account Based Pensions: Achieve a net return of at least 2.5% p.a. above CPI over rolling 7-year periods.
Transition to Retirement Pensions: Achieve a net return of at least 2% p.a. above CPI over rolling 7-year periods.
Standard Risk Measure
The risk level of this option is medium to high, with a likelihood of negative returns occurring 3.7 years in a 20-year period.
Minimum Investment Timeframe
The minimum suggested timeframe to invest in this product is 7 years.
Target Asset Allocation
51% Growth Assets
49% 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 2003 (formerly known as Moderately Conservative)
For latest returns and market report, see the Performance section