Funds that offer a world of opportunities

The Fund provides investors exposure to a diversified, multi-sector income portfolio with the potential for a relatively high total return, as well as regular income.

The Fund aims to achieve a total return above the benchmark over rolling three year periods.

Key Benefits

• Dedicated team with over 20 years of collective experience
• Opportunistic Asset Allocation – ability to reposition the portfolio quickly
• High Conviction portfolio – driven by total return opportunities
• Multiple lines of risk defense

Key Risks

• Credit risk – the issuer of a fixed income security (or counterparty) may be unable to meet its obligations to pay interest and principal when it is due.
• Currency risk – the Fund will invest in global securities, which are denominated in foreign currencies that will give rise to foreign currency exposure. This means that the Australian dollar value of these investments will vary depending on changes in the exchange rate.
• Derivatives risk – derivatives may be used for hedging and for the efficient management of the Fund’s portfolio, however are not intended to be used to gear (leverage) the Fund. Derivative risk is the risk that a derivative cannot be traded or the risk that the counterparty to the derivative cannot meet their payment obligations when they are due.
• Equity risk – the Fund from time to time may invest in equity volatility swaps, which are used to manage volatility of the Fund. These swaps expose the Fund to changes in equity volatility.
• Interest rate risk – changes in interest rates can affect the value and returns of investments in the Fund. As the Fund invests in Australia and overseas, it will be sensitive to both domestic and international interest rates.
• International investment risk – if the Fund has exposure to international financial products additional risks may apply, including differences between countries relating to accounting, auditing, financial reporting, taxation, government regulation, securities exchanges and transactional procedures and foreign markets may have different levels of liquidity, pricing availability, settlement and clearance procedures.
• Liquidity and redemption risk – liquidity risk arises when trading volume, lack of a market or legal restrictions impair the Fund’s ability to sell particular securities at an advantageous time or price. Securities are more likely to become illiquid at times of global economic uncertainty or market turmoil.
• Prepayment risk – certain debt securities can be prepaid at the option of the issuer. As there is no assurance that proceeds received from a prepayment can be invested in similar securities generating the same level of return, this can expose the Fund to prepayment risk.