The Growth option in detail - for pension members
- To maximise long-term investment returns, accepting that there may be fluctuations in returns over shorter periods.
- To outperform an average return of CPI plus 4.0% p.a. net of tax, investment and administration fees over rolling 10-year periods.
Predominantly invests in to shares and property and therefore carries a higher level of investment risk. Short-term fluctuations will occur, but higher investment returns are expected over longer periods. This option is likely to produce a negative return in 4 to 6 years in every 20 years.
Risk level: high
Will suit investors looking for higher returns over the long-term, but who are prepared to accept large fluctuations in investment performance.
*Alternative growth may include private equity, credit and infrastructure
Minimum suggested time frame for holding the investment is 10 years.
The Trustee may adjust the asset mix or vary the investment strategy from time to time. This could include varying the mix between growth and defensive assets.
Returns shown are net of investment fees and tax, gross of administration fees. Past performance is not an indicator of future performance.