Benefits of investing in the IOOF Property Income Plus Fund

Investing in the Fund offers a range of benefits including:

• access to a professionally managed portfolio of primarily Australian property securities and the potential for long-term capital growth and income;

• access to investment professionals who specialise in property securities and other property related investments;

• providing diversification to an investment portfolio; and

• regular investment, transaction and confirmation statements and an annual tax statement (via your platform) to keep you up-to-date on your investment.

Risk level

Medium to High

Investor suitability

The Fund may suit investors who are:

• focused on long-term growth and have a medium to long-term investment timeframe

• seeking managed exposure to property securities

• seeking access to investments managed by skilled investment managers.

About the Fund

The Fund is a managed portfolio of primarily Australian property securities.

Investment approach

Through our investment management services, we have a team of portfolio managers, supported by a host of support services all committed to providing, strong risk adjusted returns over the long term. IIML may appoint underlying managers to manage the assets of the Fund. Our multi-manager investment approach adds value on several fronts; through our active management of underlying investment managers, our dynamic asset allocation and our robust risk management.

The Fund's underlying investment managers are reviewed regularly and are subject to change without notice where we consider the changes are not materially adverse to investors. We may add, remove or replace underlying investment managers within the Fund's portfolio at any time. A current list of the underlying investment managers can be found on the TPS website at www.theportfolioservice.com.au. If you wish to request a paper copy, please contact our Client Advisory Services on 1800 221 151.

Investment objective

To provide moderate capital growth and a higher level of income than is typically available through Australian shares over the long-term, and to achieve a total return over three years, that exceeds the S&P/ASX 300 Property Trust Accumulation Index (after fees).

How we invest your money

The Fund will invest between 50% and 100% of its value in property securities listed on the Australian Securities Exchange but it may also invest in a range of other securities including: direct property, international property, high yield shares, infrastructure, unlisted debt and fixed interest securities.

A mix of underlying investment managers may be engaged to manage the Fund's investments from time-to-time.

The Fund may use a range of derivative instruments for hedging purposes and for more efficient and cost effective implementation of investment strategies. Derivatives will not be used to gear the Fund's portfolio.

Asset classes, asset ranges and target allocation

(Asset: Range / Target allocation)

• Listed property trusts: 50-100% / 97%

• Cash: 0-30% / 3%

• International property: 0-50% / 0%

• Direct property: 0-25% / 0%

• High-yield Australian shares: 0-50% / 0%

• Infrastructure: 0-25% / 0%

• Unlisted debt: 0-25% / 0%

• Other yield strategies: 0-25% / 0%