Benefits of investing in the Zurich Investments Managed Growth Fund

The benefits of investing in the Zurich Investments Managed Growth Fund include:

• access to a diversified portfolio of Australian and international shares, property securities, alternative investments, fixed interest securities and cash,

• 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

Medium to High

Investor suitability

The fund is suited to investors seeking:

• a medium to long-term investment

• capital growth and income

• a diversified portfolio of Australian and international shares, property securities, fixed interest securities and cash.

About the Fund

The Zurich Investments Managed Growth Fund was first launched as a wholesale superannuation portfolio in 1979, making it one of the oldest managed funds in Australia that is still open for investment. Over this period, the fund has delivered consistent and competitive returns for investors.

Zurich Investments believes that value can be added to the fund by carefully constructing a strategic benchmark allocation to achieve the long-term objectives. Active management of the tactical positions around this, using a combination of top-down and bottom-up inputs, can also provide the opportunity to enhance returns. Through access to extensive research capabilities, the fund aims to add value through superior stock selection in the underlying sectors.

Managed Growth Fund key features

• Long-term capital growth

• Regular income that is paid quarterly

• Diversification across two levels: asset class and strategic investment partners

• Managed by a team of highly experienced sector-specialist investment managers

Investment return objective

To provide investors with capital growth over the medium to long term, through exposure across a range of asset classes.

The fund aims to achieve CPI+2.5% pa over rolling five year periods before fees and taxes.

Benchmark

The benchmark return is the weighted average of the applicable benchmark for the asset class in which the fund invests.

• Australian property securities: S&P/ASX 300 AREIT Accumulation Index
• Global property securities: FTSE EPRA / NAREIT Developed Index Net TRI (hedged in $A)
• Fixed interest: 50% UBS Australian Composite Bond (All Maturities) Index and 50% Barclay Capital Global Aggregate Index Hedged into $A
• Alternative investments and cash: UBS Australian Bank Bill Index

How we invest your money

The fund invests in a mix of Australian and international shares, fixed interest securities, property securities and cash. Zurich Investments believes that successful investing comes from understanding the factors that drive and influence returns for different investments in different markets.

Asset allocation and range

(Asset class: Range / Benchmark)

• Australian shares: 17%-41% / 32%

• International shares: 10%-36% / 26%

• Australian property securities*: 0%-12% / 2%

• Global property securities*: 0%-12% / 3%

• Alternative investments: 7%-11% / 9%

Total growth assets: 45%-85% / 72%

• Fixed interest securities: 15%-40% / 24%

• Cash: 0%-15% / 4%

Total income assets: 15%-55% / 28%

*The range for Australian and global property securities is a combined range.