INVESTMENT OBJECTIVE

The Fund seeks to achieve a total return after fees that exceed the total return of the Benchmark by investing in a diversified portfolio of predominantly Australian income producing assets.

INVESTMENT STRATEGY

A tactical investment approach with regular asset allocation shifts between cash, fixed interest and higher yielding securities, designed to perform well in all stages of the interest rate and credit cycle.

The flexible asset allocation ranges allows the Manager to adjust the level of fixed interest exposure to enhance performance in periods of falling interest rates and protect value from the adverse impact of rising yields.