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 | MySuper Growth (%) | MySuper Conservative Balanced (%) |
| Australian Shares | 25 (26) | 17 |
| Global Shares | 31 (29) | 21.5 (19) |
| Private Equity | 5 | 4 |
| Property | 6.5 (8) | 4.5 (6) |
| Infrastructure | 7.5 (7) | 5 |
| Alternatives | 0 (2) | 0 (1) |
| Fixed income – credit | 13 (12) | 11.5 (11) |
| Fixed income – diversified | 7 (6) | 24 |
| Cash | 5 | 12.5 (13) |
| Growth | 75 (79) | 54 (55) |
| Defensive | 25 (21) | 46 (45) |
Impact of the MySuper Growth and MySuper Conservative Balanced SAA changes on the MySuper age-based SAAs
MLC MySuper provides a mix of growth and defensive assets that change depending on your age. This is done by combining the MySuper Growth, MySuper Conservative Balanced and MySuper Cash portfolios. As a result of SAA changes in the underlying portfolios, there have been some minor changes to the SAAs and Defensive/Growth splits at the MLC MySuper age level.
The table below summarises the changes. All changes are bolded with the previous values in brackets.
| Asset Classes | Under 55 | At age 55 | At age 56 | At age 57 | At age 58 | At age 59 | At age 60 | At age 61 | At age 62 | At age 63 | At age 64 | At age 65 and over |
| Australian Shares | 25 (26) | 24.5 (26) | 24.5 (26) | 24.5 (25) | 24 (25) | 24 (25) | 23.5 (24) | 23.5 (24) | 23.5 (24) | 22.5 (23) | 21.5 (23) | 21 (22) |
| Global Shares | 31 (29) | 30.5 (29) | 30.5 (28) | 30 (28) | 30 (28) | 30 (27) | 29.5 (27) | 29 (27) | 29 (27) | 28.5 (26) | 27.5 (25) | 26 (24) |
| Private Equity | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 4.5 (5) | 4.5 (4) | 4.5 (4) |
| Property | 6.5 (8) | 6.5 (8) | 6.5 (8) | 6.5 (8) | 6 (8) | 6 (8) | 6 (8) | 6 (8) | 6 (7) | 7 | 6.5 (7) | 6.5 (7) |
| Infrastructure | 7.5 (7) | 7.5 (7) | 7.5 (7) | 7.5 (7) | 7 | 7 | 7 | 7 | 7 (6) | 6 | 6 | 5.5 (6) |
| Alternatives | 0 (2) | 0 (2) | 0 (2) | 0 (2) | 0 (2) | 0 (2) | 0 (2) | 0 (2) | 0 (2) | 0 (2) | 0 (2) | 0 (2) |
| Fixed income – credit | 13 (12) | 13 (12) | 13 (12) | 13 (12) | 13 (12) | 13 (12) | 13 (12) | 12.5 (12) | 12.5 (12) | 12.5 (12) | 12 (11) | 11.5 (11) |
| Fixed income – diversified | 7 (6) | 7.5 (6) | 7.5 (7) | 8 (7) | 9 (7) | 9 (8) | 10 (9) | 10.5 (9) | 10.5 (10) | 10.5 (10) | 10.5 (10) | 10.5 (10) |
| Cash | 5 | 5.5 (5) | 5.5 (5) | 5 (6) | 6 | 6 | 6 | 6.5 (6) | 6.5 (7) | 8.5 (9) | 11.5 (12) | 14.5 (14) |
| Growth assets | 75 (79) | 75 (79) | 74 (78) | 74 (77) | 73 (77) | 72 (76) | 72 (75) | 71 (74) | 70 (74) | 69 (72) | 66 (70) | 64 (67) |
| Defensive assets | 25 (21) | 25 (21) | 26 (22) | 26 (23) | 27 (23) | 28 (24) | 28 (25) | 29 (26) | 30 (26) | 31 (28) | 34 (30) | 36 (33) |