Conservative Balanced

This option is designed to achieve a balance of risk and return by investing in a blend of assets, with an emphasis on fixed interest, cash and shares (Australian and overseas).

6.77%

10-year average
annual super return
as at 30 June 2020

For a detailed overview of this option including pension returns, visit the performance page.

Why you’d invest

Invest in this option if you are seeking returns above the rate of inflation over the long term, but with less volatility than might be experienced by the Balanced option.

The minimum investment timeframe is 3–5 years.

Return objective

To achieve returns after tax and fees that exceed the inflation rate by at least 2.5% per year (over rolling 10-year periods).

Risk level

Medium

The chance of a negative annual return is 2.4 in every 20 years for super and transition to retirement accounts and 2.3 in every 20 years for full pension accounts.

The risk level is based on the Standard Risk Measure.

Asset mix

Allocation table for Super & TTI

Asset class	Benchmark	Range
Australian shares	17%	5-30
Overseas shares	21%	5-30
Property	7%	0-15
Alternatives (total)	25%	0-45
- Credit	9%
- Infrastructure	5%
- Absolute return	11%
- Private equity	0%
Fixed interest	10%	0-50
Cash	20%	10-60

Allocation table for Pension

Asset class	Benchmark	Range
Australian shares	20%	5-30
Overseas shares	15%	5-30
Property	8%	0-15
Alternatives (total)	27%	0-45
- Credit	11%
- Infrastructure	5%
- Absolute return	11%
- Private equity	0%
Fixed Interest	10%	0-50
Cash	20%	10-60