Summary
This Product is likely to be appropriate for a consumer seeking capital growth to be used as a small component within a portfolio where the consumer has a medium to long investment timeframe, and a high risk/return profile and needs less frequent 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
Not in target market
More Information:
The Fund’s objective is to produce absolute returns above 10% p.a. over a 5 year investment horizon, with low correlation to the Australian equities market.
The Product is designed for consumers who seek to invest in a fund designed to generate capital return, preferring exposure to growth assets.
Consumer's intended product use
Solution/Standalone - a large allocation (75-100% of portfolio)
Not in target market
Core Component - a medium allocation (25-75% of portfolio)
Potentially in target market
Satellite - a small allocation (<25% of portfolio)
In target market
More Information:
The Fund invests primarily in Australian listed equities, both long and short with a long bias, predominantly in the Industrials and Resources sectors, across the full market cap spectrum. International securities are permitted up to a maximum of 30% of the portfolio.
The Fund has a Low-Medium level of portfolio diversification.
The Product is designed for consumers who intend to hold the investment as a satellite/small part of his/her total investable assets (see definition below), typically up to 25%. The consumer is likely to be comfortable with exposure to a product with Low-Medium portfolio diversification for this portion.
Consumer's investment timeframe
Short (<= 2 years)
Not in target market
Medium (>2 years)
Potentially in target market
Long (>8 years)
In target market
More Information:
The minimum suggested timeframe for holding investments in the Fund is 5 years.
The Product is designed for consumers who have a Medium-Long investment timeframe and is unlikely to redeem within two 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
Potentially 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
More Information:
The Fund aims to provide investors with an annualised return after fees in excess of 10%p.a., with low correlation to the Australian equities market. Due to its high exposures to the Industrials and Resources sectors, the Fund is expected to experience higher levels of volatility compared to the Australian All Ords Accum Index.
The Product is designed for consumers who have a higher risk tolerance and can accept higher potential losses (e.g. has 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 (as defined below).
The Product is designed for consumers who typically prefer predominantly growth assets such as shares, property and alternative assets with only a smaller or moderate holding in defensive assets such as cash and fixed income.
Consumer's need to withdraw money
Daily
Not in target market
Weekly
Not in target market
Monthly
Potentially in target market
Quarterly
In target market
Annually or longer
In target market
More Information:
Investors will normally be able to redeem from the Fund on a monthly basis, typically receiving redemption proceeds within 14 days after the end of the calendar month of the redemption request being received and processed. A withdrawal request may be denied or delayed and all withdrawals may be suspended in certain circumstances.
The Product is designed for consumers who seek to invest in a product which permits redemption requests at this frequency under ordinary circumstances and the issuer is typically able to meet that request within a reasonable period.
