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The industry balanced options are rarely very balanced.
Host plus for example;
Growth assets as per SAA Benchmark -76%
Aussie shares - 25%
International shares - 28%
Private equity - 6%
Infrastructure - 7%
Property - 4%
Other (Credit and Alternatives) - 6%

Defensive -24%
Infrastructure - 5% (apparently both a growth and defensive asset)
Property - 9% (apparently both a growth and defensive asset)
Fixed income 2%
Cash - 0%

This points to a VERY growthy + risk tolerant profile!