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.
Will suit investors looking for higher returns over the long-term, but who are prepared to accept large fluctuations in investment performance.
Minimum suggested time frame for holding the investment is 10 years.
|Asset mix||Benchmark %||Permitted range %|
|Australian shares||34||10 – 50|
|Overseas shares||34||20 – 50|
|Property||10||0 – 20|
|Alternative assets||12||0 – 20|
|Fixed Interest||7||0 – 20|
|Cash||3||0 – 20|
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.