Objective

To provide a diversified exposure to direct and listed property. More specifically, returns after tax and fees that exceed CPI increases by at least 3% pa over rolling 5 and 7 year periods will be sought.

Risk/Return Profile

Medium to high risk and medium to high returns

Definition

Includes land and buildings that can be bought, sold or leased. A superannuation fund generally invests in property by purchasing units in a trust that invests in a variety of properties including office buildings or shopping complexes..

Suitability

Members who are looking for a more moderate risk component of a diversified Build Your Own option and who have the ability to withstand moderate tolerance to fluctuations in returns.

Target Asset Allocation

20% Growth Assets
80% Income Assets

Strategic Asset Allocation

Property (growth) 20% Property (income) 80%

Date established

May 2003

Performance

Year ended 30 June	Return (p.a.)
2003	4.5%
2004	10.8%
2005	13.4%
2006	12.4%
2007	16.2%
2008	7.0%
2009	-12.1%
2010	8.1%
2011	12.5%

More information

For latest returns and market report, see the Performance section