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Investment Choice

The Investment Options

Balanced

Unit price as at 09 September 2010: $1.532058

History of Balanced Option Unit Price

Outline

This option invests in a diversified mix of assets such as debt (including infrastructure debt), but with a bias towards growth assets such as shares and property.

Investment Objective

  • To achieve returns of 8% (net) over rolling 5 year period.

Level of Risk

  • Medium.
  • This option might produce negative returns from time to time. Likelihood of a negative return is approximately 1 year in 5.2

Strategic Asset Allocation

Balanced Strategy - Target Asset Allocation Graph

Asset Class Strategic Asset Allocation
Cash 5%
Debt 27.5%
Property 9%
Australian Shares 26.5%
International Shares 17%
Private Equity 5%
Infrastructure 8%
Uncorrelated Alpha 0%
  Alternate Debt 2%

Investor Suitability

This option may be suitable if:

  • you have five to seven years until you need your super
  • you wish to achieve a relatively attractive return over the longer term, and are able to tolerate a reasonably high level of variability in returns over the short term.

Unit Price History in detail

Management Expense Ratio (MER)

The MER for the Balanced Option is 0.3977% (effective 6 August 2010).

The MER is the ratio of investment expenses and Trustees management costs as a proportion of the Net Asset Value

The MER reflects known actual investment costs for the financial year to date together with a provision for those costs that are not known such as taxation and the valuation of certain assets. These costs are deducted before unit prices are declared. The MER is used to determine daily unit prices.

Indirect Cost Ratio (ICR)

The Indirect Cost Ratio (ICR) similarly reflects the ratio of investment expenses and trustee management costs as a proportion of the Net Asset Value

The ICR for the Balanced Option at 30 June 2010 was 0.4481%

Investment Managers

More Information

Links

Customer Service Centre

For information about your superannuation entitlement, the payment of your benefit or about any other superannuation related matter, see the Customer Service Centre.

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