Objective: The Balanced Option seeks high long-term returns through a balanced exposure to risk. The objective is to out-perform (after fees and tax) the Consumer Price Index increase plus 4 per cent a year over rolling five-year periods.

Strategy: This option seeks high returns and return stability over the medium to longer term. The strategy is to maintain and manage a well-diversified, risk-controlled exposure to market and specific risk. This option invests mainly in listed equities and the Target Return Portfolio. In each asset class there is a high level of risk exposure. Stability of returns is sought through diversification at the asset class level.

Level of risk: High. This option is likely to exhibit return volatility in the short term and might produce negative returns from time to time. It has exposure to specific risk and market risk, currency risk, liquidity risk, derivative risk and inflation risk to various levels.

Typical investor: Members who are able to take on above-average risk.

It is important to note that the actual asset allocation for the Balanced Option may differ from its strategic asset allocation because of market fluctuations from time to time, new investment opportunities and irregular levels of cash flow. For example, when the share market falls, the proportion of the asset allocation in the Balanced Option to equities will decrease and the allocation to other asset classes in the option will correspondingly increase.

*While the Trustee seeks to ensure that variations between the actual and strategic asset allocations of the Balanced Option are managed within these ranges, in times of extreme market volatility the divergence between the actual and strategic asset allocations can be quite significant.

Performance Crediting Rates

For the latest crediting rates, please refer to the interim crediting rates

For any queries, please call us on 1300 362 415