Invests in a diversified portfolio with a lower exposure to listed equities than other growth-oriented options, such as RetirePlus. Returns are expected to be more stable than those of more equity-oriented options.
Designed For
This option is designed for members seeking returns above CPI over the long term and who are looking for additional protection against market risk with less growth assets than RetirePlus.
Investment Objective
Account Based Pensions: Achieve a net return of at least 2% p.a. above CPI over rolling 5-year periods.
Transition to Retirement Pensions: Achieve a net return of at least 1.5% p.a. above CPI over rolling 5-year periods.
Standard Risk Measure
The risk level of this option is medium, with a likelihood of negative returns occurring 2.2 years in a 20-year period.
Minimum Investment Timeframe
The minimum suggested timeframe to invest in this product is 5 years.
Target Asset Allocation
33% Growth Assets
67% 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.
Date Established
April 2015
Performance
For latest returns and market report, see the Performance section.