Investment and Return Objective
The Fund aims to return CPI + 5% per annum over a full market cycle with less capital risk than the average balanced fund.
The Fund invests in a diversified portfolio including cash, capital markets, equities and property, with active asset allocation. Derivatives can be utilised to reduce downside risk when pricing warrants this. The equity selection is active. The Fund is well diversified globally and the offshore allocation and currency exposure is managed actively.
Who Should Invest
Investors seeking significant real returns over the long-term but who are risk conscious over the shorter term. The Fund is suitable for investors with a medium- to long-term investment horizon and is Regulation 28 compliant.
Risk Indicator = Moderate
Risk Indicator Definition
These portfolios typically have moderate equity exposure and exposure to offshore markets which may result in capital volatility over the shorter term. They are managed in such a manner that the probability of double-digit capital losses over one year periods is unlikely. These portfolios typically target returns in the region of 4% - 5% above inflation over the long-term.