Conservative

This option is designed for members who wish to select a lower returning asset allocation in exchange for more stability and security. 

Key information

Investment objective

Superannuation / transition to retirement pensions: Achieve a net return of at least 1.5% p.a. above CPI over rolling 5-year periods. 

Account based pensions: Achieve a net return of at least 2% p.a. above CPI over rolling 5-year periods. 

Strategy

Invests mainly in fixed interest securities and cash, which are expected to deliver stable but low returns over the long term, with the balance invested in shares and other growth assets. Growth/defensive split: 30% / 70%. 

Benchmark allocations

Actual asset allocation for each asset class may vary from time to time within the permitted ranges published in the table below.

Minimum investment timeframe

The minimum suggested timeframe to invest in this product is 5 years. 

Standard risk measure

The risk level of this option is medium, with a likelihood of negative returns occurring 2 years in a 20-year period.