IRIS Investment Options

We offer a choice of 10 investment options. You can choose to invest in a single option or spread your investments. Your choice of options will depend on your own personal circumstances, attitude towards risk and length of time you plan to invest.

Investment option	Indicative risk level	Management fee*	Transaction cost (buy/sell)*	Option category
Defensive	Low	0.85% / 0.90%	0.09% / 0.09%	Div.
Conservative	Moderate	0.90% / 0.95%	0.13% / 0.14%	Div.
Growth	Moderate-High	0.95% / 1.00%	0.18% / 0.17%	Div.
High Growth	High	1.05% / 1.10%	0.18% / 0.17%	Div.
Cash	Low	0.35% / 0.40%	0% / 0%	Sector
Diversified Fixed Interest	Low	0.70% / 0.75%	0.11% / 0.14%	Sector
Property	Moderate-High	0.85% / 0.90%	0.30% / 0.30%	Sector
Australian Shares	High	0.95% / 1.00%	0.21% / 0.18%	Sector
Sustainable Australian Shares	High	1.10% / 1.15%	0.15% / 0.15%	Sector
International Shares	High	1.10% / 1.15%	0.18% / 0.18%	Sector

Options categories:

Diversified: By spreading investments across a range of asset classes (i.e. fixed interest, shares and cash), these options reduce the risk that the overall investment will perform poorly. If a particular asset class performs poorly, this may be offset by a strong performance in another asset class.
Sector-specialist: These options predominantly invest in a single asset class (i.e. property or shares) with a small portion invested in cash for liquidity purposes. These options do not offer the same level of asset class diversification as the diversified options. The sector-specialist options are designed to provide targeted exposure to specific asset classes.

See historial performance

* Transaction cost as at 21 April 2010. Learn more about fees