Balanced

Objective

To achieve favourable returns over the long term. Returns are likely to be volatile and a risk of capital loss over short to medium term periods is substantial.

Return Objective

CPI + 3.0% over rolling 10 years.

Standard Risk Measure

Estimated number of negative annual returns over any 20 year period, 3 to less than 4 years.

Risk Band and Label

Risk Band 5, Medium to High

Target Asset Allocation

70% Growth Assets
30% Defensive Assets

Strategic Asset Allocation

Date established

May 1997

Performance

For latest returns and market report, see the Performance section.