The Conservative option targets to invest approximately 30% in growth assets and 70% in defensive assets.
Investment objective (after fees and taxes over rolling 10-year periods) - to outperform the annual rate of inflation (CPI) by around 1% pa.
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|
Refer to the investment performance page for the most recent investment performance figures.
Refer to the Investments Supplement for more information on investment options.