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 | 20 |
| Global Shares | 25 |
| Private Equity | 0 |
| Property | 3 |
| Infrastructure | 3 |
| Alternatives | 2 |
| Fixed income – credit | 3 (0) |
| Fixed income – diversified | 31 (33) |
| Cash | 13 (14) |
| Growth | 54 (51) |
| Defensive | 46 (49) |