Mercer Aspire PRB Lifestyle Growth

Aspire PRB Lifestyle Strategies uses the Aspire PRB Lifestyle Growth fund during the growth phase. The strategy can invest across equities, bonds, property, cash and alternatives. It is designed to do the investing for the member as part of the "Do It For Me" range, rather than requiring them to choose individual funds.

Aspire PRB Lifestyle Strategies may suit someone who expects to retire at their Normal Retirement Date and wants long-term growth with lower risk as retirement gets closer. The strategy is intended to match different retirement outcomes through the Cash, ARF and Annuity options. Aspire PRB Lifestyle Strategies may not suit someone who wants to pick their own investments or keep targeting high growth right up to retirement.

Aspire PRB Lifestyle Strategies is a lifecycle strategy, which means it is built to change over time as retirement gets nearer. The information provided says the strategy aims to reduce the level of risk taken by the retirement account as retirement approaches. In plain language, that means it gradually becomes less focused on growth and more focused on protecting the account value closer to retirement.

Yes. Aspire PRB Lifestyle Strategies may use financial derivative instruments to help achieve its objective, hedge investments or manage the strategy more efficiently. Derivatives are contracts whose value depends on another asset, and they can increase both gains and losses. The strategy may also use securities lending to try to generate extra returns in a low-risk manner.

Aspire PRB Lifestyle Strategies is part of the "Do It For Me" PRB Lifestyle range and is designed around retirement outcomes. The factsheet identifies separate strategy paths for members expecting a cash lump sum, an annuity, or an ARF/AMRF plus a retirement lump sum. It does not take account of individual circumstances beyond the time left to retirement, and it offers no investment guarantees.