Balanced

The Balanced strategy generally invests a proportion of its funds in growth assets such as Australian and international equities and property, semi liquids and private equity and the balance in income-producing assets, such as interest-bearing securities. This combination offers real investment growth above the CPI rate over a 10-year period. There are more assets that produce income, which makes the strategy more stable than the High-Growth and Balanced Growth strategies.

Objective

2.0% above CPI

Risk Profile

Medium

Time horizon

3 years

Asset Allocation

Asset class Current allocation Allocation range
Growth
 
Australian Equities
18.08 % 7%-27%
 
International Equities
18.27 % 7%-27%
 
Australian Direct Property
5.35 % 0%-10%
 
International Listed Property
2.91 % 0%-10%
 
Private Equity
5.76 % 1%-11%
 
Private Credit
3.19 % 0%-6%
 
Growth Alternatives
2.08 % 0%-5%
Defensive
 
Short Term Fixed Interest
16.31 % 6%-26%
 
Liquid Alternatives
1.11 % 0%-5%
 
Bonds
19.33 % 13%-33%
 
Infrastructure
4.08 % 0%-10%
 
Cash
3.53 % 0%-10%

Asset allocations current at 31 May 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)