Strategic Asset Allocation (SAA) and growth/defensive split changes
We made changes to the SAA and Growth/Defensive split on 1 October 2025. All changes are bolded with the previous values in brackets.
| Asset Classes | % |
| Australian Shares | 25 |
| Global Shares | 32 (29) |
| Private Equity | 5 |
| Property | 6 |
| Infrastructure | 6 |
| Alternatives | 1 |
| Fixed income – credit | 12 (11) |
| Fixed income – diversified | 7 (8) |
| Cash | 6 (9) |
| Growth | 75 (74) |
| Defensive | 25 (26) |