asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: NMM0111AU
release_schedule: NO COMMENTARY
structure: Managed Fund
fund_features:
North Defensive Index aims to provide some growth in your investment over the short to medium term with smaller fluctuations in value than the other Passive investment options. The fund seeks to invest predominantly in defensive assets such as cash and fixed interest with an average allocation over time of around 30% invested in growth assets such as shares and listed property. The fund tries to achieve its objective by using a range of complementary specialist investment managers.