Balanced option


Investment target

The Balanced option targets to invest approximately 75% in growth assets and 25% in defensive assets.

Investment objective

Investment objective (after fees and taxes over rolling 10-year periods) - to outperform the annual rate of inflation (CPI) by around 2.75% pa.

Suitable for

Most suitable for members who are willing to accept a medium to high risk of a negative return in any one year.

Risk versus return

This option has significant emphasis on growth assets with the aim of achieving higher returns, together with some lower-risk defensive assets to reduce the short-term risks associated with growth assets. It offers a higher expected long-term return than the Moderate option. A negative annual return is anticipated on average 3-4 times every 20 years but negative returns may be more or less frequent.

Target asset allocation




Balanced Investment return to 30 June 2020
Option 3 years 5 years 10 years
Accumulation 3.72% 4.85% 6.79%
Pension 4.09% 5.27% 7.56%

Refer to the investment performance page for the most recent investment performance figures.

Refer to the Investments Supplement for more information on investment options.


Your options in detail

Australian Shares option

Balanced option

Cash Enhanced option

Cash option

Conservative option

Fixed Term Investment option

Growth option

Indexed Diversified

International Shares option

Moderate option

MySuper option