The fund aims to achieve long-term capital growth in excess of inflation from a portfolio invested across a broad range of asset classes. The fund is intended to provide steady rates of return with significantly lower risk than more traditional approaches to portfolio management, which tend to be largely dependent on the performance of equities. The fund was restyled in September 2005.

The fund adopts a multi-asset, multi-manager approach investing across equities, fixed income & cash and alternatives with an aim to provide long-term capital growth by targeting inflation. The fund aims to outperform the CPI benchmark by 4% p.a. over the medium term. There is no guarantee that this target will be achieved.

Source and copyright: Morningstar OBSR Analyst Rating™.