Investment Choice
The Investment Strategies
Balanced
Unit price as at 02 December 2008 - $1.594358
History of Balanced Strategy Unit Price
Outline
This strategy invests in a diversified mix of assets such as debt instruments (including corporate and infrastructure debt), but with a bias towards growth assets.
Investment objective
Achieve returns of 8% net over rolling 5 year period.
Level of risk
Moderately low. The likelihood of a negative return is approximately 1 year in 8.
Target Asset Allocation
Investor suitability
This strategy may be suitable if:
- You have five to seven years until you need your super; and
- You wish to achieve a relatively attractive return over the longer term, and are able to tolerate a moderately high level of variability in returns over the short term.
Unit Price History in detail
Management Expense Ratio (MER)
The MER for the Balanced Strategy is 0.4292% (effective 3 November 2008).
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.
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 Strategy at 30 June 2007 was 0.7655%.
Investment managers
More Information
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