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 equities | 29.0% |
29% |
27% |
| International equities | 26.0% |
26% |
25% |
| Australian Fixed Income | 10.0% |
11% |
10% |
| Australian Indexed Bonds | 6.5% |
5% |
7% |
| International 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 Investment Summary.
