asset_category: 41-60% Growth Assets - Low-Cost Diversified
peer_benchmark: Multi-Asset - 41-60% Low-Cost Index
broad_market_index: Multi-Asset Balanced Investor Index
manager_contact_details: Array
ticker: FSF4877AU
release_schedule: NO COMMENTARY
fund_features:
To provide a balance of income and capital growth over the medium-to-long term. To closely track the fund’s composite benchmark over rolling three-year periods before fees and taxes.
- The fund allocates 50% of investments to growth assets such as shares, property and infrastructure securities to provide potential for capital growth.
- The growth assets are managed using market capitalization indices.
- 50% of the portfolio is allocated to defensive assets such as fixed interest and cash to provide the portfolio with relatively stable returns.
- The fixed interest component is managed on a traditional index basis while the cash component may include money market securities, bank deposits and annuities.
- The portfolio aims to hedge currency risk, except for a part of the allocation to global shares.
structure: Managed Fund