To provide investors with a balance between capital growth
and a moderate level of income through a diversified portfolio of
assets that supports the Australian Ethical Charter.
Strategic asset allocation*
| Asset class | Strategic Range % | Actual Allocation %# |
| Australian & New Zealand Small Cap | 20 - 40 | 33.2 |
| International shares | 10 - 35 | 26.1 |
| Property | 0 - 20 | 8.0 |
| Alternatives | 0 - 20 | 1.5 |
| Interest-bearing securities | 20 - 40 | 22.8 |
| Cash | 0 - 10 | 2.3 |
*These are indicative asset allocation ranges for the Fund. If market movements, investments
into or withdrawals from the Fund, or changes in the nature of an investment cause the Fund to
move outside these indicative ranges, this will be addressed by us as soon as reasonably practicable.
#Actual asset allocation as at 28 February 2021. This allocation is subject to change.