Growth
The Growth option in detail - for pension members
Return objective
- 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.
Minimum suggested time frame for holding the investment is 10 years.
Investment strategy
| 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.
