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Balanced

The Diversified Growth investment option name was changed to Balanced on 19 September 2022.

This option invests mainly in growth assets, with risk reduced through diversification that includes some defensive assets.

Return Target1

Return target of 3% per year above inflation over rolling 10-year periods after fees and taxes.

Risk: High

Risk: High

Negative returns expected 4.1 out of 20 years.

1 Investment markets are uncertain and future returns cannot be guaranteed.

Balanced - Estimated fees and costs

Administration fees and costs: 0.18% p.a. plus 0.03% p.a.1
Investment fees and costst: 0.66%
Transaction costs: 0.05%

See the Fees and other costs section of the Investment choice guide for a full explanation of the costs for each investment option.

1 This amount includes one off merger costs. This amount is not deducted from your account balance but is deducted from the Fund’s General Reserve.

Returns

Returns are reported on a basis of soft close valuations and are net of investment fees and costs and transaction costs, net of taxes, and net of the percentage-based administration fee (accrued in the unit price).

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