The new portfolio, which can help to lift returns, distinguishes itself from the Future Fund's placements with the Exchange Fund's long-term growth portfolio.
A period of looming inertia as the sovereign wealth fund seeks a new leader could raise pressure on the government to draw down on some of its assets.
It may be too soon to assess the likely effect of the Wuhan coronavirus outbreak, but investors are taking risk off the table in the short term while they hope for a swift recovery.
The A$165.7 billion ($133.7 billion) Australian sovereign wealth fund saw its assets jump 11.5% in 2018/19 as it successfully boosted its long-term returns.
While the Australian fund continues to outperform its benchmark, executives are increasingly concerned about potential shocks for world markets as a result of the US-China trade war.
The sovereign wealth fund is coming to the end of a three-year upgrade of its own technology. Its next plan? Another multi-year focus to embrace cutting edge solutions.