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Fixed Interest
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Performance objective
To outperform (after fees and taxes) the rate of CPI increases by 2% pa over the longer term and over at least two thirds of all rolling three year periods. |
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Probability of a negative return
Less than one year in 25 years. |
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Investment Management Fee
0.35% per annum
(or $3.50 per $1000 invested) |
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Sector composition
Includes allocations to a group of specialist managers and is diversified across credit quality, market and industry. It includes allocations to Australian and international fixed interest, floating rate bonds, subordinated notes, preference shares, convertible notes, inflation-linked bonds, high yield debt, credit and emerging market debt as well as other alternative debt such as hybrid securities. |
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