The Fund will make investments into a diversified portfolio of listed and unlisted equities and indirect investments into real property assets via various managed investment schemes or vehicles as selected by the Investment Manager. The Fund may make direct investments into select real property assets although the
allocation is unlikely to be material and will be less than 10% of the Fund’s assets.
The Fund will have direct exposure to the following six major asset classes:
1. Property Securities;
2. Australian Equities;
3. Global Equities;
4. Fixed Income Securities;
5. Alternative Investments; and
A tactical asset allocation strategy will be implemented in consideration of a prescribed investment guideline.
The Investment Manager is targeting an annual rate of return to Investors of 8%, pre-tax and net of all fees and expenses, over a rolling 3-year period.