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 | 36 (40) |
| Global Shares | 42 (43) |
| Private Equity | 6 |
| Property | 5 |
| Infrastructure | 4 (3) |
| Alternatives | 1 |
| Fixed income – credit | 4 (0) |
| Fixed income – diversified | 0 |
| Cash | 2 |
| Growth | 92 (96) |
| Defensive | 8 (4) |