House of Assembly Fifty-Second Parliament, Second Session (52-2) 52 2 Parliament of South Australia House of Assembly published Answers to Questions Motor Accident Commission MOTOR ACCIDENT COMMISSION The Hon. I.F. EVANS House of Assembly Davenport MOTOR ACCIDENT COMMISSION In reply to the Hon. I.F. EVANS (Davenport) (7 October 2010) (Estimates Committee A). The Hon. J.J. SNELLING House of Assembly Playford Minister for Workers Rehabilitation Minister for Defence Industries Minister for Veterans' Affairs MOTOR ACCIDENT COMMISSION The Hon. J.J. SNELLING (Playford—Treasurer, Minister for Workers Rehabilitation, Minister for Defence Industries, Minister for Veterans' Affairs): The Strategic Asset Allocation (weightings between each Asset Class) for the CTP Investment Fund is set by Motor Accident Commission (MAC) in conjunction with MAC's Global Investment Asset Consultant, Mercer. As illustrated in the table below, the total Funds SA managed assets returned 9.4 per cent compared to their total benchmark return of 8.3 per cent for the Financial Year ending 30 June, 2010. Motor Accident Commission Investment Returns FY performance to 30 June 2010 over/under performance SAA Weightings 30/06/2010 Manager Asset Class Return Benchmark Australian Equities 12.9% 13.0% -0.1% 17.5% Funds SA International Equities 13.2% 11.8% 1.4% 15.0% Funds SA Listed Property 37.1% 39.0% -2.0% 2.5% AMP Direct Property 14.3% 3.7% 10.6% 10.0% MAC Inflation Linked Bonds 11.0% 10.1% 0.9% 5.0% Funds SA MAC Fixed Interest 7.4% 6.7% 0.6% 35.0% Funds SA Cash 4.4% 3.9% 0.5% 5.0% MAC/Funds SA Diversified Strategies Income 14.6% 12.0% 2.7% 10.0% Funds SA TOTAL MAC FUND 10.2% 8.6% 1.6% 100.0% MAC/Funds SA Funds SA Managed Assets 9.4% 8.3% 1.1%