Stability
Keeps the Fund liquid, pays benefits and earns steady interest.
Portfolio composition
Your Fund's money works in three broad ways - stability, income and growth - at home and overseas.
Keeps the Fund liquid, pays benefits and earns steady interest.
Generates regular interest and rent.
Builds long-term value that can outpace inflation, with bigger ups and downs.
Every asset class the Fund holds, its current share of the portfolio, and the long-term target set by the Strategic Asset Allocation (SAA).
At home 87%(target 75%)
Overseas 13%(target 25%)
| Asset class | Min | Target | Max | Now |
|---|---|---|---|---|
| Stabilitykeeps the Fund liquid and earns steady interest | ||||
| Domestic cash and term deposits | 5% | 10% | 15% | 18% |
| Government securities | 5% | 10% | 20% | 14% |
| International cash | 0% | 0% | 5% | 3% |
| Incomeregular interest and rent | ||||
| Loans and private debt | 5% | 10% | 15% | 2% |
| Domestic property | 15% | 20% | 25% | 14% |
| International fixed income | 0% | 5% | 10% | 1% |
| Growthlong-term value, with bigger ups and downs | ||||
| Domestic equity (businesses) | 20% | 25% | 30% | 39% |
| International equities | 15% | 15% | 25% | 8% |
| Listed infrastructure | 0% | 5% | 10% | 0% |
| Total portfolio· SBD 4,752 million | 100% | |||
Target is the long-term strategic allocation; Min and Max are the limits set by the IPS. Unlisted assets are carried at independently assessed fair value, so their exposures move when their value changes. Where a class sits outside its range, the IPS requires a written action plan. Figures are rounded.
Three reasons the Board's mandate keeps most of the portfolio inside Solomon Islands.
The Fund's statutory purpose is to grow member savings while supporting the Solomon economy. Keeping capital at home serves both.
Domestic holdings are easier for the Board to monitor; investments the Fund can inspect directly carry less information risk than offshore markets.
Every dollar invested at home circulates through SI businesses, employs SI workers, and generates taxes that return to the national budget.
Public funds don't typically publish offshore equity holdings line-by-line, so this section describes the structure instead of listing individual positions.
Markets. Offshore holdings are concentrated in regional markets — primarily Australia and New Zealand, with smaller allocations across the broader Pacific. Developed markets provide depth and liquidity the domestic market can't match at scale.
Instruments. A mix of direct listed equities, bond funds, and managed investment products. Each class carries a Board-set minimum, target, and maximum share.
Managers. (Confirm whether offshore is managed in-house, by external managers, or a mix. Name the external managers if any — publishing manager names is standard practice for public funds and builds trust.)
Currency. Offshore investments are denominated in foreign currencies; their SBD value moves with exchange rates. The Board sets limits on how much currency risk the portfolio carries at any time.
Investment decisions follow a Board-set mandate with independent audit oversight — the full chain sits on the Safety & oversight page.