ObjectiveTo minimise the risk of loss of capital, whilst accepting that this is likely to result in lower investment returns over the long term. Volatility of returns is likely to be lower than that of more equity-oriented options, although still material, and over short to medium term periods some risk of capital loss exists.
Return ObjectiveCPI + 2.5% over rolling 10 years.
Standard Risk MeasureEstimated number of negative annual returns over any 20 year period, 1 to less than 2 years.
Risk Band and LabelRisk Band 3, Low to Medium
Target Asset Allocation25% Growth Assets
75% Defensive Assets