Balanced Risk-Adjusted
A diversified portfolio with over 60% growth assets. We adjust the risk for this option by holding fewer shares and more bonds.
Option: Balanced Risk-Adjusted
MenuButtonPage
JSS component is missing React implementation. See the developer console for more information.
Summary
10-year returns as at 30 September 2025
6.53% p.a.
Returns over the last 10 years1
5+ years
Suggested timeframe
Who it suits
Suitable if you're an investor who:
- wants a diversified portfolio with over 60% growth assets where the risk is adjusted by holding fewer shares and more bonds
- wants to grow your super over the long term and wants a risk-adjusted strategy to weather volatile markets
- is prepared to accept the option can have negative returns over the shorter term but aims for lower volatility compared to the Balanced option
- is prepared to accept the option may not be suitable if you have a low risk tolerance, are seeking to preserve your super, or are likely to need access to your super in the next few years.
Risk3
RiskBar
JSS component is missing React implementation. See the developer console for more information.
Expected number of years of negative annual returns in any 20 years: 3 to less than 4. The risk is based on the standard risk measure (SRM)^.
Investment objective3
Accumulation and TTR Income accounts:
CPI + 3.5% p.a.
Retirement Income accounts:
CPI + 4.0% p.a.
Option size
Super assets:
$13.3 billion
Pension assets:
$20.1 billion
^For more definitions
Balanced Risk-Adjusted performance
As at 30 September 20251 (updated quarterly)
World share markets delivered strong returns over the September quarter, buoyed by the US Federal Reserve’s first rate cut of the year in September, and the delivery of strong earnings reports by AI/tech firms. Australian equities held up well through the quarter, benefiting from global tailwinds and robust domestic sectors. Materials led the gains, as mining shares rose sharply, followed by utilities and consumer discretionary.
Global bonds outperformed Australian bond markets over the quarter, while non-government bonds generally outperformed government securities.
Over the quarter, ART’s unlisted assets produced positive returns, with private equity outperforming infrastructure and real estate. However, private assets have underperformed public markets, particularly given the very strong returns delivered by international share markets.
The 10-year return of 6.53% p.a. for Accumulation accounts is ahead of the option’s return objective of CPI+3.5% p.a.
Table
JSS component is missing React implementation. See the developer console for more information.
Important: Up to 30 June 2024, investment returns for this option are net of administration fees and costs, investment fees and costs, transaction costs and, where applicable, investment taxes. From 1 July 2024, investment performance is net of investment fees and costs, transaction costs and, where applicable, investment taxes, but gross of administration fees and costs. You should consider this when comparing returns between options. Past performance is not a reliable indicator of future performance.
Balanced Risk-Adjusted asset allocation
AssetAllocationGraph
JSS component is missing React implementation. See the developer console for more information.
AssetAllocationTable
JSS component is missing React implementation. See the developer console for more information.
From 1 July 2025. For more information on these asset classes, strategic asset allocations, and allowable ranges, read the PDS that applies to you.
Outlook and strategy
As at 30 September 2025
Our Balanced Risk-Adjusted option is designed to achieve its long-term return objectives with less volatility than similar investment options. It seeks to do this by holding fewer listed shares and more bonds compared to similar options, and as with other ART options, a significant allocation to the key unlisted assets – real estate, infrastructure, private equity, and private debt.
We don’t design portfolios based on short-term economic, market, or geopolitical forecasts. However, our investment team and external investment managers do seek to capitalise on opportunities that inevitably emerge during times of heightened market volatility.
At the end of September 2025, our active asset allocation strategy favoured bonds over shares and cash. The strategy also sought to take advantage of significant differences in relative value between countries. Within the shares allocation, we preferred Japanese shares over shares in the US and Australia. In fixed income, we were overweight in France, UK, Italy, and Australia and maintained underweight positions in Canadian, German, US, and Japanese bonds. The strategy’s currency exposure is underweight the US dollar, while favouring Asian and Latin American currencies.
Want to know more?
Compare our options
Learn more about our wide range of investment options so you can choose what's right for you.
Manage your investments
You can check and change your investment options anytime in Member Online.
View our performance
We give regular updates on the economy and market, along with how your investments are performing.
Contact us
We’re available to speak by phone or live chat between 8:00am - 7:30pm AEST Monday to Friday.
DefaultActionBar
JSS component is missing React implementation. See the developer console for more information.