Strategic or SAA portfolio – forms the foundation for superannuation funds’ asset class allocation and is the industry fund original balanced investment option. The SAA portfolio includes investments in equities (Australian and international), fixed income (Australian and international), cash, property (direct and listed), and alternative assets. The SAA portfolio is also used as the benchmark against which the alternative portfolio performances are evaluated
Buy and Hold – is a passive investment strategy, where superannuation fund buys and holds the assets over the long-term. The asset weights were determined at the start of the investment period (June 1995) and remained constant throughout the investment period