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Submitted by Sanj on Tue, 10/24/2017 - 17:29

Beg to differ but it is apples with apples as far as the investment option is concerned. Its not a comparison between asset classes but between investment options. The strategic asset allocation of an investment option is controlled entirely by the fund. In this example, the retail fund chose not to dial up on growth assets in their Balanced option. A decision made by the retail fund that eventuated in its members getting a lower rate of return.

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