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Conservative 
Balanced  

The Conservative Balanced investment option is focused on delivering the best net return from investing in a portfolio that has a similar proportion of growth and defensive assets and has high diversification.

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At a glance (Accumulation)

Investment time frame
5 years +
Level of investment risk
Medium
Likelihood of negative returns
Negative returns expected in between 2 to less than 3 out of every 20 years
Growth/ defensive allocation
56% growth / 44% defensive
Total investment fees and costs*
0.79% p.a.
Return target
CPI + 3.0% p.a. over 20 years
Net return^
6.38%

Awards and ratings are only one factor to be taken into account when choosing a super fund.
Click here for important information about Lonsec Research Ratings.

* Investment costs are based on estimated and actual information from the previous financial year. The costs payable in future years may be higher or lower. Administration and other fees also apply. For a full breakdown of fees and costs, see our fees and costs page or Section 6 of the Member Guide
^ Investment return over 10 years to 30 November 2024, net of investment fees and costs. Administration and other costs apply. Returns won’t display for options younger than 10 years. See the investment returns page for returns over all available periods.

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Who is Conservative Balanced suitable for?

With a similar proportion of growth and defensive assets, this Core pre-mixed investment option is designed for members with a medium to long-term investment timeframe, who are seeking moderate long-term returns and have a medium tolerance of negative returns.

Read our Member Guide for more information about these terms.

Our target 

asset mix 

Conservative Balanced
Asset class Target Range 
Australian shares 16% 10–30% 
International shares (developed markets) 17% 10–30% 
International shares (emerging markets) 5% 0–15% 
Property 9% 0–25% 
Infrastructure 9% 0–25% 
Private equity 3%0–10% 
Credit 7%0–20% 
Alternatives 6%0–20% 
Diversified fixed interest 18%10–40%
Cash 10%5–25%

 

Head to Member Online to choose the investment option that’s right for you. 

Past
performance 

Accumulation

This table shows the 12-month net return for our Conservative Balanced option at 30 June each year. The net return is the money the investment has earned, minus investment costs and taxes.1

Year20202021202220232024
Return -0.07%14.19%-2.10%7.49%6.67%

This table shows the average net return for our Conservative Balanced option over 3, 5 and 10 years to 30 June 2024.1

Year3 years5 years10 years
Average return (p.a.) 3.92%5.07%6.23%

1. Administration and other fees also apply. For a full breakdown of fees and costs, see our fees and costs page or Section 6 of the Member Guide. Past performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a superannuation fund.


Ready to join? Online applications only take five minutes. 

Or call us on 1300 467 875  
8am – 8pm (AEST/AEDT), Monday to Friday.