Investments
Investment Performance
Investment Performance
The Scheme adopts a single investment objective and strategy covering both defined benefit and accumulation benefits. The investment strategy is consistent with the Scheme’s investment objective.
Investments are made in a range of asset types including shares, fixed interest and property. Therefore the value of the Scheme’s assets can decrease as well as increase. As a result the Scheme’s rate of return may be positive or negative.
Investment objectives
The Balanced product has a target rate of return of 4% in excess of the rate of inflation1. There is a reasonable likelihood of earning this target over an investment period of seven years or longer.
However, annual returns may be volatile with the likelihood that a negative return may occur between three and four years in 20.
Investment strategy
The Balanced option is invested across eight asset class pools. Descriptions of the underlying investments of each asset class are detailed below.
1 Investment objectives state what each product aims to achieve. They are designed to help members with their investment decisions. The objectives have been developed having regard for the long term performance and characteristics of financial markets. There is no guarantee, however, that the objectives will be met. This is because financial markets are volatile and future returns may vary from returns earned in the past.
Yearly rates of return (for the year ending 30 June 2012)
| Strategy | 1 year | 3 year | 5 year | 10 years |
| Balanced | 2.31% | 7.56% | -0.60% | 5.24% |
These averages take into account the investment returns declared by the former Trustees under the investment strategy that applied prior to the transfer of the Scheme to the Super SA Board on 1 July 2006.
The Super SA Ambulance Service Superannuation Scheme returns are reported net of tax and investment fees. Past performance is not a reliable indicator of future performance.
