This document provides an analysis of the performance of different asset classes, such as equity, bond, and REIT, from July 2000 to June 2019 and examines their role in an investment portfolio. It also analyses the return performance of Andrews' existing superannuation portfolio over the period January 2005 to June 2019 and suggests an appropriate strategic asset allocation based on the arithmetic means of annualised returns. The document compares the performance of the existing and proposed portfolios and draws an efficient frontier for the given portfolios. It also explains how personal tax affects Andrews' overall return target.