Thrifty

Designed for investors with a time horizon of at least seven years, who want an investment portfolio predominately invested in low-cost passive growth assets, with a high degree of risk.

This investment option aims to:

• achieve a return that exceeds CPI by at least 3.0% pa over a seven year period, after tax and investment fees; and
• limit the likelihood of a negative annual return to less than five in 20 years.

7 years.

This investment option has a high degree of risk (risk band 6).

The estimated number of negative annual returns over any 20 year period is around 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).