Benefits of investing in the Pendal Wholesale Plus Australian Share Fund

Investing in the Fund offers investors a range of benefits including the following:

• Access to a professionally managed portfolio of Australian shares and the potential for long term capital growth and tax effective income.

• Access to the Manager's investment expertise and core investment style.

• Broad based coverage of the Australian sharemarket.

The Pendal Wholesale Plus Australian Share Fund (the Fund) is likely to be appropriate for a consumer:
− seeking to achieve long term capital growth and tax effective income through investing in an actively managed portfolio of Australian shares. 
− intending to access the Fund through an Investor Directed Portfolio Service (IDPS), IDPS-like scheme or a nominee or custody service, a managed account or any other service or platform approved by us (collectively referred to as an 'Investment Service') or through a superannuation fund. The Fund isn’t open to direct investors;
− intending to use the investment in the Fund as a core component, minor or satellite allocation within a portfolio;
− who has an investment timeframe of at least 6 years;
− who has a 'High' risk/return profile; and
− seeking the ability to make daily withdrawal requests and for withdrawal proceeds to be paid typically within 10 Business Days to the consumer's Investment Service or superannuation fund under normal market conditions

About the Fund

The Fund will invest into the Pendal Australian Share Fund APIR RFA0818AU (Underlying Fund), which is designed for investors who want the potential for long term capital growth and tax effective income, diversification across a broad range of Australian companies and industries and are prepared to accept higher variability of returns.

The Underlying Fund may also hold cash and may use derivatives.

How we invest your money

The Manager's investment process for Australian shares is based on their core investment style and aims to add value through active stock selection and fundamental company research. The Manager's core investment style is to select stocks based on assessment of their long term worth and ability to outperform the market, without being restricted by a growth or value bias. The Manager's fundamental company research focuses on valuation, franchise, management quality and risk factors (both financial and non-financial risk).

Derivatives may be used by the Underlying Fund to reduce risk and can act as a hedge against adverse movements in a particular market and/or in the underlying assets. Derivatives can also be used to gain exposure to assets and markets.

The asset allocation of the Underlying Fund is:

• Australian shares: 80-100%

• Cash: 0-20%