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It's simple! Members won't have to choose their investments, instead their super will be 100% invested in BUSSQ's Balanced Growth investment option.
Designed for medium to long term investors. This is BUSSQ’s default option for members that don’t actively choose an investment option. Balanced Growth is the most diversified Premixed option and provides a mix of growth and defensive assets such as shares, property and fixed interest securities. The frequency of a negative return is expected to be once in seven years.
For the annual rate credited to members to exceed the change in the Consumer Price Index by + 4% per annum.
At least 3 years