Objective

To provide a diversified exposure to Australian and Overseas Fixed Interest. More specifically, returns after tax and fees that exceed CPI increases by at least 2% pa over rolling 5 and 7 year periods will be sought.

Risk/Return Profile

Medium risk and medium returns

Definition

Fixed interest investments are loans to governments, instrumentalities, institutions, corporation or investment vehicles. Generally they have a fixed maturity, but interest rates can be fixed or floating.

Suitability

Members who are looking for a lower risk component of a diversified Build Your Own option.

Target Asset Allocation

100% Fixed Interest

Strategic Asset Allocation

Fixed Interest 100%

Date established

May 2003

Performance

Year ended 30 June	Return (p.a.)
2003	1.2%
2004	3.3%
2005	7.7%
2006	3.0%
2007	4.4%
2008	0.3%
2009	6.2%
2010	4.8%
2011	6.6%

More information

For latest returns and market report, see the Performance section