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 | 27 |
| Global Shares | 38 |
| Private Equity | 0 |
| Property | 4 |
| Infrastructure | 3 |
| Alternatives | 2 |
| Fixed income – credit | 3 (0) |
| Fixed income – diversified | 14 (17) |
| Cash | 9 |
| Growth | 75 (72) |
| Defensive | 25 (28) |