asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: MLC8225AU
release_schedule: NO COMMENTARY
structure: Managed Fund
fund_features:
PIC Wholesale Index Plus Growth Portfolio aims to provide a return that meets its benchmark, before fees, over 5 year periods. At the same time, we aim to reduce risk in the Trust if market risk is high by changing the Trust’s asset allocation. As a result of reducing the allocation to higher risk assets, there may be smaller losses than the benchmark in weak or falling markets and potentially lower returns than the benchmark in strong markets. While the Trust isn’t managed to achieve a particular return above inflation, an average return of 4.5% pa above inflation (before fees) is consistent with historical long-term returns from investment markets, using an asset allocation similar to the Trust’.
- The asset allocation is invested predominantly in growth assets with a small exposure to defensive assets.
- In addition, some global assets are not hedged to the Australian dollar.