Investment Choice
The Investment Options
Balanced
Unit price as at 02 February 2012: $1.593260
History of Balanced Option Unit Price
Overview
This option invests in a diversified mix of assets, with a moderate bias towards growth assets, such as shares and real assets.Risk profile
This option may produce negative returns from time to time. It is expected to experience higher volatility than the Cash and Conservative options and lower volatility than the Growth and High Growth options.
Expected frequency of a negative annual return
Approximately three to four years in every 20.
Investment objective
To achieve returns (after tax and investment fees) that exceed the consumer price index (CPI) + 3.5% per annum over rolling five-year periods.
Investment strategy (target asset allocation)
 |
Cash | 10% (5-20%) |
|
Government bonds | 15% (5-25%) |
|
Global credit | 7% (0-20%) |
|
Real assets | 14% (5-20%) |
|
Diversified investments | 8% (0-15%) |
|
Private capital | 8% (0-15%) |
|
Australian shares | 17% (10-30%) |
|
International shares | 21% (10-30%) |
Investment ranges are in brackets
Investor suitability
This option may be suitable if you have five to seven years until you need to access your super and you are able to tolerate a reasonable level of variability in returns, with a view to achieving a relatively attractive return over that period.
NOTE: The target asset allocation and investment ranges for this investment option are indicative only. Changes in market and economic conditions may lead the Board to change these features at any time. The Board reserves the right to move an option's actual asset allocation within these ranges and, in periods of extreme market conditions, to alter the ranges to protect members in this option. Details of any variations in the target asset allocation and investment ranges will be posted on this website.
Unit Price History in detail
Indirect Cost Ratio (ICR)
The Indirect Cost Ratio (ICR) for an investment option in MilitarySuper is the ratio of the option’s investment costs (and related fees) to the investment option’s average net assets during the year. This ratio is calculated annually effective 30 June.
The ICR for the Balanced Option at 30 June 2011 is 0.9157%
Investment Managers
More Information
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