Balanced Growth

The Balanced Growth strategy generally invests a high proportion of its funds in growth assets, such as Australian and international equities and property. The balance is invested in income-producing assets. This combination aims to earn real investment growth above the CPI over a 10-year period. The emphasis is on growth, so bear in mind there may be what financial professionals call 'short-term volatility' in this strategy. In other words, the value of the investment may fluctuate over the short-term. This volatility is not as great as it is in the High Growth strategy.

Objective

3.0% above CPI

Risk Profile

Medium to High

Time horizon

5 years

Asset Allocation

Asset class Current allocation Allocation range
Growth
 
Australian Equities
27.14 % 15%-35%
 
International Equities
27.29 % 17%-37%
 
Australian Direct Property
4.92 % 0%-10%
 
International Listed Property
2.23 % 0%-10%
 
Private Equity
6.83 % 2%-12%
 
Private Credit
2.07 % 0%-6%
 
Growth Alternatives
1.85 % 0%-5%
Defensive
 
Short Term Fixed Interest
8.82 % 5%-15%
 
Liquid Alternatives
1.08 % 0%-5%
 
Bonds
9.10 % 2%-22%
 
Infrastructure
3.50 % 0%-10%
 
Cash
5.18 % 0%-10%

Asset allocations current at 30 July 2021.
Note that the combined investments in Illiquid Asset will not exceed 30%. Illiquid assets are defined as follows:
• Australian Direct Property
• Private Equity
• Private Credit
• Growth Alternative except Attunga Fun
• Infrastructure
• International Equities (Only Challenger Index Plus Fund)