Benefits of investing in the Zurich Investments Australian Property Securities Fund

The benefits of investing in the Zurich Investments Australian Property Securities Fund include:

• access to a diversified portfolio of listed property securities,

• the potential for long-term capital growth with some tax effective income,

• regular reporting and a dedicated customer service team to keep you up to date on your investments, and

• online access to information about your investments via the Zurich website.

Risk level

Very high

The likelihood of the value of your investment going down over the short term is very high as compared to investment in funds which invest in assets such as cash or fixed interest.

Investor suitability

The fund is suitable for investors seeking capital growth and some income from a diversified portfolio of listed property securities.

Fund overview

Zurich Investments Australian Property Securities Fund suits investors seeking exposure to Australia's diverse property market, through investing in property trusts listed on the ASX. The Fund aims to provide capital growth and regular income over the medium-to-long term, and when added to an existing portfolio, contributes to a growth allocation.

Fund objectives

The fund aims to:

• provide exposure to a range of property securities, including retail, commercial and industrial property sectors

• provide capital growth and income over the medium to long-term

• outperform the benchmark over a period of five years

Investment philosophy

In managing the Zurich Investments Australian Property Securities Fund, Zurich Investments aims to identify and invest in property securities whose market price is less than what we believe it should be, based on what our fund research suggests is their underlying value. The Fund is also subject to our assessment of general themes/trends in the broad/wholesale property market. In our choice of securities, Zurich Investments is not limited to those represented in the industry benchmark.

How we invest your money

Investment universe

Australian Property Securities, with up to 20% of the portfolio in property- related securities not included in the benchmark.

Asset allocation and range

• Australian property securities: 95%-100%

• Cash: 0%-5%

Change to Investment Strategy

Zurich Investments may change the Fund's investment strategy (including by adding or removing asset classes or varying asset allocation ranges and performance benchmarks) and the investment manager used at any time. Investors will be notified of any changes as set out under Updated Information', on page 1 of the PDS.