An investment option for members seeking long-term growth assets combined with significant exposure to income-producing assets.
Description
Invests across a diversified range of Islamic assets, including Australian and International Equities, Unlisted Assets, Alternative Assets, Islamic Cash and Islamic Fixed Income with an emphasis on long-term growth assets combined with a significant exposure to income-producing assets. This option is suitable for investors seeking mainly capital growth and investing for the long term.
Investment objective
To achieve an average net return (after investment fees and tax) equal to or better than inflation plus 3% p.a. over rolling 10-year periods
Suggested minimum timeframe
Minimum 10 years
Target allocation 1
80%-100% Growth Assets 0%-20% Defensive Assets
Long term risk level
Low
Administrative fees and costs
0.23% of your account balance per year plus $60 per year
Investment fees & costs (estimates only) 2
1.34% of assets p.a.
Transaction costs (estimates only)
0.03% of assets p.a.
1 Target allocation is a strategic benchmark only. Actual allocations may vary within the described ranges.
2 Investment fees and costs shown here are forward-looking estimates applicable from the date of preparation of this PDS and do not include performance fees as performance fees are not applicable. Refer to the ‘Additional Explanation of Fees and Costs’ in the Salaam superannuation Investment Guide.
Browse our Islamic investment options
Defensive
For members seeking a higher level of income investing for the medium term.
