The benchmark portfolio for the Scheme is a balanced strategy, comprising five main asset classes, with different percentage allocations to each asset class.
The Scheme invests in the range of 60% to 75% in Growth asset classes, with the remainder in Defensive asset classes.
Scheme performance is regularly monitored against objectives and strategy, with changes made when necessary.
|Asset Class||Description||Asset type||Percentage allocation to the asset class1|
|Fixed Interest||Fixed Interest Securities (Long and Short term)||Defensive||22%|
|Inflation Linked Securities|
|Diversified Strategies Income (high yielding fixed income and corporate bonds)||50% Defensive/|
|Property||Property (Australian Listed/Unlisted)||Growth||12%|
|Other Investments||Diversified Strategies Growth (private equity, opportunistic property and infrastructure)||Growth||8%|
1 Asset allocations apply from 1 July 2012 and represent strategic allocations for the Balanced option. Actual allocations can vary within specified ranges established for each asset class.
2 Whilst the strategic allocation to Growth assets is 67.5%, the actual allocation to growth asset classes can vary from 60-75% of the Balanced option.