Benefits of investing in the Martin Currie Real Income Fund Class A Units

The Fund offers a number of significant benefits:

• aims to provide long-term growth in its income stream to at least match the rate of "inflation;

• the opportunity to receive regular income distributions from dividends (including a small component of "franked dividends) and net gains on the disposal of assets;

• professional management of your investment with an experienced investment manager;

• diversification benefits that would be difficult to achieve through direct investment;

• disciplined portfolio construction; and

• web-based reporting that includes performance, market commentary and portfolio strategy.

Risk level

Medium

Investor suitability

The Fund should be suitable mainly for investors seeking an investment in Australian listed assets with long- term financial goals.

About the Fund

• Invests in Australian listed companies owning real assets (such as property, utility and infrastructures securities) that deliver strong dividend income from reliable revenue streams

• Targets income growth that exceeds the rise in the cost of living by owning securities that can grow revenue and profit over time

• Targets companies with large, sunk capital bases and recurring revenue streams to provide consistent income through the business cycle

Significant features

The Fund seeks to provide a growing income stream by investing in a diversified portfolio of Australian listed real assets (such as A-REITs, utility and infrastructure securities) characterised by established physical assets with recurring cash flows.

The investment manager's approach is premised on the philosophy that high-quality listed real assets can sustain dividends, match rises in the cost of living and are likely to be less volatile than the wider equity market.

The investment manager relies on complementary fundamental and quantitative research, and collective insights into the current investment landscape, to identify the most attractive opportunities.

How we invest your money

The Fund predominately invests in listed real asset securities (such as A-REITs, utility and infrastructure securities (as defined by Martin Currie Australia) that are listed on the Australian Stock Exchange. The Fund aims to hold investments so that at the time of purchasing securities:

• exposure to individual securities is no more than 9% of the portfolio; and

• approximately 20 to 45 securities are held.

While the maximum holding of cash or cash equivalents is 10%, the Fund is intended to be fully invested in securities at all times with cash being held for liquidity purposes only.

The Fund will not invest in securities issued by companies involved in the production or distribution of cluster munitions or the manufacture of tobacco products.

The Fund does not use derivatives.

The Fund does not intend to borrow.