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 | 30 |
| Global Shares | 48 (53) |
| Private Equity | 0 |
| Property | 0 |
| Infrastructure | 7 (0) |
| Alternatives | 0 |
| Fixed income – credit | 7 (4) |
| Fixed income – diversified | 5 (9) |
| Cash | 3 (4) |
| Growth | 85 |
| Defensive | 15 |