This fund aims to provide total returns that are above inflation over the medium term. It seeks to provide a high level of capital stability and to minimise loss over any one-year period, within the constraints of the statutory investment restrictions for retirement funds.

As the fund aims to maximise returns, it will have a strong bias towards equities – typically the asset class with the highest expected long-term returns. The fund’s exposure to asset classes will be managed in accordance with the outcomes of our in-house research process to position it for changing market conditions and in order to maximise long-term returns without assuming excess risk of loss.

Who should invest?
This fund is suitable for risk-averse investors who require a high degree of capital stability while requiring a reasonable income and some capital growth. A typical investor would be in or near retirement and would be seeking to preserve capital over any one-year period.

This fund is available as a tax-free investment option.