Growth
The Growth option in detail - for pension members
Aims
- 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.
Risk profile
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
Investor profile
Will suit investors looking for higher returns over the long-term, but who are prepared to accept large fluctuations in investment performance.
Investment strategy
| Asset class | Asset allocation % |
| Australian shares | 34 |
| Overseas shares | 34 |
| Alternative assets | 12 |
| Property | 10 |
| Fixed interest | 7 |
| Enhanced cash | 3 |
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.
Performance
Returns shown are net of investment fees and tax, gross of administration fees. Past performance is not an indicator of future performance.
