Investment return objective: The return that the Trustee is aiming to achieve. This is not a guaranteed rate of return.

Asset allocation:  How an investment is spread across the different asset classes.

Standard Risk Measure: This is a guide as to the likely number of negative annual returns expected over any 20 year period.  More information

Risk band and level: This is based on the standard risk measure. The standard risk measure ranges across seven risk bands, from 1 (very low risk) to 7 (very high risk).

• Investment options with an exposure to the Australian shares asset class may include companies listed in Australia but are based overseas. In addition, up to 10% of this asset class may be invested in stocks listed on the New Zealand Stock Exchange.

• For all options other than Growth and Sustainable Growth:
  • The allocation to an individual asset class may vary by +/- 5% from the benchmark allocation shown, but not below 0% or more than 100% for an individual asset class; and
  • Where an option does not currently have a benchmark allocation to Cash, we may decide to add an allocation of up to 5%.

• Rest may vary the asset allocations (including the benchmark and ranges) of all or any of these options and introduce new options without prior notice. Before terminating an investment option, prior notice will be given to members who have any part of their account balance invested in that option.