Our Conservative Balanced option is a diversified option with a slight focus on growth assets such as shares and private equity. It has a target split of 59% growth assets and 41% defensive assets. It’s designed to balance the need for capital growth while helping guard against large market falls.
Conservative Balanced is the default investment option for:
This might be a suitable option if you:
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Investment Objective
(after fees, costs and tax) over rolling 10-year periods.
Timeframe
Suited to investors who are prepared to invest in this option for 5 or more years.
Risk
Short-term risk:
5 - Medium to High
Long-term risk:
3 - Low to Medium
Estimated number of negative annual returns over any 20-year period: 3 to less than 4 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.
1 The 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, other than performance fees which are a 5-year average. 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. Refer to the relevant PDS or Handbook for more information.
This is the target percentage that will be invested in growth assets and defensive assets.
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| Target | Range | |
|---|---|---|
| Growth assets | 59% | 39% - 79% |
| Defensive assets | 41% | 21% - 61% |
These are the target and asset allocation ranges for the option, effective 30 September 2024.
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| Target | Range | |
|---|---|---|
| Australian shares | 16% | 6% - 26% |
| International shares | 24% | 14% - 34% |
| Private equity | 5% | 0% - 25% |
| Infrastructure | 10.5% | 0% - 31% |
| Property | 7.5% | 0% - 28% |
| Liquid alternatives (Growth) | 1% | 0% - 21% |
| Liquid alternatives (Defensive) | 0% | 0% - 20% |
| Credit income | 7% | 0% - 27% |
| Fixed income | 17% | 0% - 35% |
| Cash | 12% | 0% - 60% |
| Currency exposure | 16% | 0% - 34% |
Investment Objective
(after fees, costs and tax) over rolling 10-year periods.
Timeframe
Suited to investors who are prepared to invest in this option for 5 or more years.
Risk
Short-term risk:
5 - Medium to High
Long-term risk:
3 - Low to Medium
Estimated number of negative annual returns over any 20-year period: 3 to less than 4 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.
2 The 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, other than performance fees which are a 5-year average. 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. Refer to the relevant PDS or Handbook for more information.
This is the target percentage that will be invested in growth assets and defensive assets.
Scroll table horizontally on mobile
| Target | Range | |
|---|---|---|
| Growth assets | 59% | 39% - 79% |
| Defensive assets | 41% | 21% - 61% |
These are the target and asset allocation ranges for the option, effective 30 September 2024.
Scroll table horizontally on mobile
| Target | Range | |
|---|---|---|
| Australian shares | 16% | 6% - 26% |
| International shares | 24% | 14% - 34% |
| Private equity | 5% | 0% - 25% |
| Infrastructure | 10.5% | 0% - 31% |
| Property | 7.5% | 0% - 28% |
| Liquid alternatives (Growth) | 1% | 0% - 21% |
| Liquid alternatives (Defensive) | 0% | 0% - 20% |
| Credit income | 7% | 0% - 27% |
| Fixed income | 17% | 0% - 35% |
| Cash | 12% | 0% - 60% |
| Currency exposure | 16% | 0% - 34% |
Return Objective
(after fees, costs and tax) over rolling 10-year periods.
Timeframe
Suited to investors who are prepared to invest in this option for 5 or more years.
Risk
Short-term risk:
4 - Medium
Long-term risk:
2 - Low
Estimated number of negative annual returns over any 20-year period: 2 to less than 3 times.
Cost of product for $50,000 account balance3
Calculation of the fees and costs that can affect your super investment over a 1-year period.
^ As the Aware Super Term Allocated Pension (TAP) invests in the same way as Aware Super Retirement Income, this information also applies to members in the TAP.
3 The 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, other than performance fees which are a 5-year average. 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. Refer to the relevant PDS or Handbook for more information.
This is the target percentage that will be invested in growth assets and defensive assets.
Scroll table horizontally on mobile
| Target | Range | |
|---|---|---|
| Growth assets | 59% | 39% - 79% |
| Defensive assets | 41% | 21% - 61% |
These are the target and asset allocation ranges for the option, effective 30 September 2024.
Scroll table horizontally on mobile
| Target | Range | |
|---|---|---|
| Australian shares* | 17% | 7% - 27% |
| International shares* | 22.5% | 12% - 33% |
| Private equity | 5% | 0% - 25% |
| Infrastructure | 10.5% | 0% - 31% |
| Property | 7.5% | 0% - 28% |
| Liquid alternatives (Growth) | 0% | 0% - 10% |
| Liquid alternatives (Defensive) | 4% | 0% - 24% |
| Credit income | 7% | 0% - 27% |
| Fixed income | 17% | 0% - 35% |
| Cash | 9.5% | 0% - 60% |
| Currency exposure | 15% | 0% - 33% |
* Note the equities investments for Retirement Income accounts have a focus on companies that are defensively positioned for this option. By contrast, the equities portfolios for Future Saver and Retirement Transition accounts have a greater focus on growth. Please refer to the ‘We invest differently in retirement’ section in the Retirement Income PDS for more information.
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.
