Conservative option


Investment target

The Conservative option targets to invest approximately 30% in growth assets and 70% 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 1% pa.

Suitable for

Most suitable for members for whom the low to medium risk of a negative return in any one year is an important consideration.

Risk versus return

This option provides a reasonable level of short-term security with the potential for some capital growth in the long term. It offers a lower risk of short-term losses but lower expected returns. A negative annual return is anticipated on average 1-2 times every 20 years but negative returns may be more or less frequent.

Target asset allocation



Conservative Investment return to 30 June 2020
Option 3 years 5 years 10 years
Accumulation 2.32% 3.02% 4.68%
Pension 2.56% 3.32% 5.28%

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