Balanced Indexed is a low-cost diversified option that invests mostly in Australian and international shares. It has a target split of 75% growth assets and 25% defensive assets.ÌýApart from cash, the asset classes within this option are passively managed.Ìý
This option is not available to members with a Retirement Income account.
This might be a suitable option if you:
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Understanding passive management
Passive managers choose investments to form a portfolio that closely tracks a benchmark. A benchmark is a hypothetical portfolio of investment holdings. It represents a segment of a particular financial market. A benchmark (also known as an index) tracks the performance of a selected group of investments such as shares or bonds. Passive managers are sometimes known as index managers. They usually charge lower fees.
Note: Returns at market extremes will generally be greater (positive and negative) for the Indexed options compared to the equivalent Core and Socially Conscious options. This is because the indexed style is less diversified (by asset class, investment style and managers).
Investment Objective
(after fees, costs and tax) over rolling 10-year periods.
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Timeframe
Suited to investors who are prepared to invest in this option for 7 or more years.
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Risk
Short-term risk:
6 - High
Long-term risk:
3 - Low to Medium
Estimated number of negative annual returns over any 20-year period: 4 to less than 6 times.
Cost of product for $50,000 account balance1
Calculation of the fees and costs that can affect your super investment over a 1-year period.
1ÌýThe cost of product assumes a balance of $50,000. It includes administration fees. It also includes an estimate of ‘Investment fees and costs’ and ‘Transaction costs’. ‘Investment fees and costs’ and ‘Transaction costs’ are based on the fees and costs for the year ended 30 June 2024. Fees and costs can vary from year to year. The amount you’ll pay in future years will depend on the fees and costs incurred by the trustee in managing the investment option. Other fees and costs may apply. If you have insurance, premiums will apply.ÌýÌýRefer to the relevantÌýPDS or HandbookÌýfor more information.
This is the target percentage that will be invested in growth assets and defensive assets.
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| Ìý | Target | Range |
|---|---|---|
| Growth assets | 75% | 55% - 95% |
| Defensive assets | 25% | 5% - 45% |
These are the target and asset allocation ranges for the option, effective 30 September 2024.Ìý
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| Ìý | TargetÌý | RangeÌý |
|---|---|---|
| Australian shares* | 30% | 20% -40% |
| International shares* | 45% | 35% - 55% |
| Private equity | - | - |
| Infrastructure | - | - |
| Listed property | 0% | 0% - 10% |
| Liquid alternatives (Growth) | - | - |
| Liquid alternatives (Defensive) | - | - |
| Credit income | - | - |
| Fixed income | 18% | 0% - 33% |
| Cash | 7% | 0%Ìý- 45% |
| Currency exposure | 30% | 0% - 55% |
*Note that the Australian shares and International shares asset classes for these investment options can exclude, or have a reduced weighting to, some of the most greenhouse gas emissions-intensive companies. For more details, see ourÌýInvestment objectives page.
Investment Objective
(after fees, costs and tax) over rolling 10-year periods.
Ìý
Timeframe
Suited to investors who are prepared to invest in this option for 7 or more years.
Ìý
Risk
Short-term risk:
6 - High
Long-term risk:
3 - Low to Medium
Estimated number of negative annual returns over any 20-year period: 4 to less than 6 times.
Cost of product for $50,000 account balance2
Calculation of the fees and costs that can affect your super investment over a 1-year period.
2ÌýThe cost of product assumes a balance of $50,000. It includes administration fees. It also includes an estimate of ‘Investment fees and costs’ and ‘Transaction costs’. ‘Investment fees and costs’ and ‘Transaction costs’ are based on the fees and costs for the year ended 30 June 2024. Fees and costs can vary from year to year. The amount you’ll pay in future years will depend on the fees and costs incurred by the trustee in managing the investment option. Other fees and costs may apply. If you have insurance, premiums will apply.ÌýÌýRefer to the relevantÌýPDS or HandbookÌýfor more information.
This is the target percentage that will be invested in growth assets and defensive assets.
Scroll table horizontally on mobile
| Ìý | Target | Range |
|---|---|---|
| Growth assets | 75% | 55% - 95% |
| Defensive assets | 25% | 5% - 45% |
These are the target and asset allocation ranges for the option, effective 30 September 2024.
Scroll table horizontally on mobile
| Ìý | TargetÌý | RangeÌý |
|---|---|---|
| Australian shares* | 30% | 20% - 40% |
| International shares* | 45% | 35% - 55% |
| Private equity | - | - |
| Infrastructure | - | - |
| Listed property | 0% | 0% - 10% |
| Liquid alternatives (Growth) | - | - |
| Liquid alternatives (Defensive) | - | - |
| Credit income | - | - |
| Fixed income | 18% | 0% - 33% |
| Cash | 7% | 0%Ìý- 45% |
| Currency exposure | 30% | 0% - 55% |
*Note that the Australian shares and International shares asset classes for these investment options can exclude, or have a reduced weighting to, some of the most greenhouse gas emissions-intensive companies. For more details, see ourÌýInvestment objectives page.
You can choose to invest in one option or a combination of options. And you can switch your investment options at any time for free.
We’re here to help you achieve your financial goals. We can provide simple financial advice, over the phone, to answer any questions.
You can speak to a qualified financial planner who can help you make investment choices that meet your financial goals.
