Salaam Balanced
An investment option for members seeking the ability to balance income and long term capital growth.
Description |
Invests across a diversified range of Islamic asset classes, including Australian and International Equities, Unlisted Assets, Islamic Cash and Islamic Fixed Income. This option is intended for members seeking an investment option with a balance of income and capital growth, with the emphasis on long-term capital growth. |
Investment objective |
To achieve an average net return (after costs and tax) equal to or better than inflation plus 2.5% p.a. over rolling 7-year periods. |
Suggested minimum timeframe | Minimum 7 years |
Target allocation 1 | 60% Growth Assets 40% Defensive Assets |
Risk level | High |
Administrative fee (fixed fee) 2 | $1.90 per week |
Administration fee (percentage) 2 | 0.23% of your account balance per year plus $60 per year |
Investment fees & costs (estimates only) 3 | 1.36% of assets p.a. |
Transaction costs (estimates only) | 0.02% of assets p.a. |
Browse our Islamic investment options
Defensive
For members seeking a higher level of income investing for the medium term.
Balanced
For members seeking a lower cost option, balancing income and long-term capital growth.
Growth
For members seeking long-term growth assets combined with income-producing asset classes.