Balanced invests in a balanced portfolio with a slight emphasis on growth assets (e.g. shares).
Benchmark asset allocation
To provide returns after tax and investment expenses of 2.75% above inflation over rolling 7-year periods. There is a reasonably small risk (approximately 1 in 20 years) of a member losing more than 8% in any year, with a current likelihood of a negative return of 1 year in every 4.
Estimated fund charges
Estimated total annual fund charges (p.a. of net asset value).