Annual Report 2011 - SuperFacts.com

Back to contentsBalanced optionObjectives• Broad aim is to maximise long-term investment returns, whilst accepting asignificant degree of variability in year to year returns.• More specifically, to achieve returns after tax and fees that exceed CPI increasesby at least 3% p.a. over rolling five and seven-year periods.• To earn a rate of return after tax and fees above the median of results for theMercer Pooled Fund Survey over rolling three and five-year periods.• To achieve an after tax and fees return that exceeds the notional return on theFund’s specified benchmark portfolio.• Over a three-year period, to have a reward to risk ratio higher than the medianreward to risk ratio in the Mercer Pooled Fund Survey.There is no guarantee that these objectives will be met or that the value of yoursuperannuation will not decrease as a result of negative returns.StrategyThe pie chart illustrates the expected allocation of assets within the variousinvestment markets over the longer term.Return performance*The investment returns for the Balanced option in recent years are listed in the tableat right.The average compound rate of return for the five years to 31 December 2011 was-1.21% p.a.The investment return for Pension Members in the Balanced optionfrom1 January 2011 to 31 December 2011 was -1.87% p.a.* Please note that past performance is not an indication of future performance.Investment managerThe manager used to invest assets for this option is Schroder InvestmentManagement Australia Limited in their Balanced Fund Standard Class.To choose this optionThe cost of moving to this option is approximately 0.44% of the amount switchedinto this option.Property/Alternatives 15%Shares 57%Year ended31 DecemberFixedInterest 20%Rate % p.a.2011 -1.602010 1.642009 13.672008 -24.452007 9.55Cash 8%Lutheran Super Annual Report 201115