Asset Allocation
Target vs actual asset allocations
For the Plan as a whole, the investments were:
The following table shows the effective asset allocation of the Plan compared to the Target Benchmark for the Growth Option.
Asset Class
|
Target Benchmark |
30 June 2007 |
30 June 2008 |
|---|---|---|---|
| Australian Shares | 29.0% |
29% |
27% |
| Overseas Shares | 26.0% |
26% |
25% |
| Australian Fixed Income | 10.0% |
11% |
10% |
| Australian Indexed Bonds | 6.5% |
5% |
7% |
| Overseas Fixed Income | 3.5% |
4% |
3% |
| Direct Property | 8.0% |
8% |
11% |
| Listed Property | 2.0% |
2% |
2% |
| Private Capital | 2.5% |
3% |
3% |
| Alternative Assets | 12.5% |
11% |
12% |
| Cash | 0.0% |
1% |
0% |
The asset allocations shown above are the effective asset allocations taking into account the underlying assets of the investment-linked insurance policies and TAA overlays of the Plan. Alternative assets include hedge funds and emerging market bonds.
More information about asset allocation is contained in the Plan's Investment Policy Statement.
