AXA’s Retirement Directions Allocated Pension Plan offers the following investment options:

Investment option	Investor involvement level	Investment knowledge level
5 multi-manager diversified portfolios	Minimum	Low
4 multi-manager sector portfolios	Moderate	Average
11 individual manager portfolios	High	High
A Shielded portfolio	N/A	N/A

The multi-manager diversified portfolios have been constructed to match a variety of investor risk profiles. There are five separate portfolios:

• Secure;
• Secure Growth;
• Balanced;
• Growth; and
• High Growth.

• International Fixed Interest;
• Property;
• Australian Equities; and
• International Equities.