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 | 25 (26) |
| Global Shares | 31 (29) |
| Private Equity | 5 |
| Property | 6.5 (8) |
| Infrastructure | 7.5 (7) |
| Alternatives | 0 (2) |
| Fixed income – credit | 13 (12) |
| Fixed income – diversified | 7 (6) |
| Cash | 5 |
| Growth | 75 (21) |
| Defensive | 25 (79) |