Designed for members who seek...
Investments managed solely by State Street Global Advisors Australia with gross returns broadly in line with the indices. This option has single manager risk and lower management costs through passive management.
More suited to members with a longer term time horizon of 5 or more years.
Objective
The performance objective set by State Street Global Advisors Australia is to closely track the monthly rates of return for composite benchmark with exposure to both equity (shares) and fixed income assets.
The composite benchmark currently comprises:
- Australian Shares S&P/ASX200 Accumulation Index
- International Shares MSCI World Ex-Australia Unhedged Index
- Australian Listed Property S&P/ASX200 LPT Accumulation Index
- Australian Fixed Income UBS Warburg Composite Bond Index
- Global Fixed Income JP Morgan GBI Ex-Australia Hedged Index
- Cash USB Warburg Bank Bill Index
Target
Exceed inflation by around 2.5%-3.5% per annum, over rolling 5-year periods.
Investment profile
Invested in a mix of assets, with a higher weighting towards assets with the potential for medium to long-term growth.
The investment profile is:
- 70% growth assets
- 30% defensive assets
Level of risk
Moderate to high risk. Negative returns expected 1 year in every 5-6 years.
Performance
Period ending 30 June 2008
|
Crediting Rate
(net of investment management fees and taxation) |
State Street Balanced Index |
1 year % |
3 years % pa |
5 years % pa |
Since inception % pa |
Inception Date |
RBF Investment Account |
-11.31 |
4.58 |
7.44 |
4.78 |
27 October 2001 |
RBF-TAS SG Account |
-11.31 |
4.46 |
7.23 |
4.46 |
27 October 2001 |
RBF Allocated Pension |
-12.33 |
4.97 |
8.12 |
5.09 |
27 October 2001 |
RBF Term Allocated Pension |
-12.33 |
4.97 |
N/A |
4.97 |
1 July 2005 |
|
|
