Summary
This product is likely to be appropriate for a consumer seeking long term capital growth through exposure to a portfolio of growth oriented global equities sourced from developed and emerging markets, hedged back into AUD with the aim of reducing the risk associated with exposure to international currencies. The Fund is likely suitable to be used as a core or satellite allocation within a portfolio where the consumer has a minimum 7 year investment timeframe, high risk/return profile and needs daily access to capital.
Details
Consumer's investment objective
Capital Growth
In target market
Capital Preservation
Not in target market
Capital Guaranteed
Not in target market
Income Distribution
Potentially in target market
More Information:
The performance objective of Class B is to achieve a long-term total return that exceeds the MSCI All Country World Index ex-Australia Net Total Return Index 100% hedged to AUD (reported in Australian dollars) (Benchmark) before fees, taxes and expenses over rolling three-year time periods, but with lower volatility than the Benchmark.
The Fund’s Class B units are hedged back into Australian dollars with the aim of reducing the risk associated with exposure to international currencies.
The Fund aims to distribute on an annual basis.
Consumer's intended product use
Solution/Standalone - a large allocation (75-100% of portfolio)
Not in target market
Major Allocation - (50-75% of portfolio)
Core Component - a medium allocation (25-50% of portfolio)
Potentially in target market
Minor Allocation - (10-25% of portfolio)
Satellite - a small allocation (<10% of portfolio)
In target market
More Information:
The Fund’s investment strategy is to invest in a high conviction, actively managed diversified portfolio of listed, quality, high growth companies sourced from developed (ex-Australia) and emerging market companies, with the primary objective providing long- terms capital growth.
The Fund's assets will be invested in quality global growth businesses with high returns on invested capital, superior growth prospects and low debt that are fundamentally attractively valued.
The Fund will typically comprise between 20 and 40 securities with asset allocation weights as follows:
• Developed and emerging market listed equities (excluding Australia)- 93%- 100%
• Cash and cash equivalents- 0% - 7%
The Fund may invest in exchange traded options and futures. Derivatives, including futures, options and index exchange traded funds are used for risk management and cash flow management purposes, though not to a material extent. Gearing is not allowed in the Fund, nor is short selling of securities.
Consumer's investment timeframe
Short (<= 2 years)
Not in target market
Medium (>2 years)
In target market
Long (>8 years)
In target market
More Information:
The minimum suggested investment time frame for the Fund is 5 years.
Consumer's Risk (ability to bear loss) and Return Profile
Low - can tolerate up to 1 period of underperformance over 20 years
Not in target market
Medium - can tolerate up to 4 periods of underperformance over 20 years
Not in target market
High - can tolerate up to 6 periods of underperformance over 20 years
In target market
Very High - can tolerate over 6 periods of underperformance over 20 years
In target market
Extremely High - the investor seeks extremely high risk, speculative or complex products
More Information:
The Fund is designed for consumers who are higher risk in nature and can accept higher potential losses (e.g. have the ability to bear up to 6 negative returns over a 20 year period (SRM 6)) in order to target a higher target return profile.
Consumer's need to withdraw money
Quarterly
In target market
More Information:
The consumer seeks to invest in a product which permits redemption requests on a daily basis under ordinary circumstances. Withdrawal requests received by 12 pm on any business day will be processed using that day’s unit price. Withdrawals are usually paid within 7 days of receipt of the request.
