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 | 32 |
| Global Shares | 36 (35) |
| Private Equity | 5 |
| Property | 6 |
| Infrastructure | 5 |
| Alternatives | 1 |
| Fixed income – credit | 9 (10) |
| Fixed income – diversified | 3 |
| Cash | 3 |
| Growth | 84 (86) |
| Defensive | 16 (13) |