How are your funds managed?

The Fund’s investment strategies were developed with the assistance of independent investment experts and adopted by the Fund’s Trustee following examination and consultation. The Trustee appointed these investment experts to define the asset allocations and investment objectives for each strategy utilising sophisticated modeling techniques. Asset classes within each strategy are managed by professional investment managers, selected by the Trustee following consultation with the Fund’s investment advisers.

Investment managers are selected by the Trustee through a process that takes into account:

• investment style and process
• consistency in applying the stated investment style and process
• proficiency and experience of the investment team
• past performance
• potential to add value over the long term and
• attitude to risk management and compliance.

The Trustee monitors all investment managers and, with the assistance of the Fund’s investment consultants, formally reviews them on a quarterly basis to ensure they are performing to the Trustee’s investment expectations. Quantitative investment performance indicators provided by the Fund’s custodian, together with qualitative information provided by the Fund’s investment consultants, are reviewed by the Trustee on a monthly basis. On this basis, the Trustee may add or remove investment managers as and when required.

Within each option, investments are managed to stated asset allocation ranges. These ranges are set out in the Fund’s Product Disclosure Statement and in the Fund’s Investment Policy Statement. When particular asset returns move aggressively compared to other asset returns this may result in some investments moving slightly outside of their ranges. The website will be updated to keep members informed if any investments move significantly outside of their ranges.

Click here to download our Investment Policy Statement.