Objective

To minimise the risk of loss of capital, whilst accepting that this is likely to result in lower investment returns over the long term. More specifically, returns after tax and fees that exceed CPI increases by at least 2.5% pa over rolling 5 and 7 year periods will be sought

Risk/Return Profile

Low risk and low returns

Suitability

Members who are looking for relatively stable investment returns. They know long term investment returns are probably going to be lower than the other Managed Choice Options.

Target Asset Allocation

25% Growth Assets
75% Income Assets

Strategic Asset Allocation

Australian shares 13% Overseas shares 8% Property (growth) 2% Infrastructure 2% Private Equity 0% Property (income) 12% Fixed Interest 33% Cash 30% Absolute Return 0%

Date established

May 2003

Performance

Year ended 30 June	Return (p.a.)
2003	1.3%
2004	5.9%
2005	9.3%
2006	8.8%
2007	12.2%
2008	2.3%
2009	-3.3%
2010	7.6%
2011	7.4%

More information

For latest returns and market report, see the Performance section