Designed for investors with a time horizon of at least three years, who want stable, modest returns, with a medium likelihood of negative returns.
This investment stage aims to:
- achieve a return that exceeds CPI by at least 1.5% pa over a three year period, after tax and investment fees; and
- limit the likelihood of a negative annual return to less than two and a half in 20 years (or 12.5% likelihood in each year).
Minimum suggested time to invest
This investment option has a medium degree of risk (risk band 4).
The estimated number of negative annual returns over any 20 year period is around 2.5 years.2
1 The strategic asset allocation is an indication of the proportion of the investment option assets that are allocated to each asset class. The actual asset allocation to each of the asset classes may vary from time to time, but within the ranges indicated.
2 The figure shown is the estimated number of negative annual returns over any 20 year period for this investment option. This is different to the investment objective (which aims to limit the likelihood of negative returns to less than a specified number of years).
|Asset class||Strategic asset allocation1 (%)||Range (%)|