The Fund aims to provide high returns (before fees) comprising income and capital growth over the long-term by investing in a diversified mix of asset types.

Benefits of investing in the Foundation Assertive Fund (IOOF)

Investing in the Fund offers you a range of benefits, including:

• access to a professionally managed investment portfolio

• exposure to assets and strategies that would ordinarily be difficult for an individual to invest into

• access to regular information on your investment from the website www.ioof.com.au and regular investment statements and an Attribution MIT Member Annual (AMMA) statement after 30 June each year or any other documents that may be issued from time to time.

Risk level

Medium to High

Investor suitability

The Fund is intended to be suitable for investors seeking a diversified portfolio of investments, spread across different asset types.

The Fund is intended to be suitable for investors seeking a diversified portfolio of investments, spread across different asset types.

About the Fund

The Fund invests in a diversified portfolio of investments, spread across different asset types. The Fund has a goal of achieving income and long-term capital growth.

About IOOF Investment Services

IOOF Investment Services Ltd (IISL) is the Responsible Entity (RE) and investment manager of the Fund and is responsible for the management and administration of the Fund. IISL is also referred to as RE', we', us' and our' throughout this document.

IISL is part of the IOOF group. As one of the largest financial services groups in Australia, with over 170 years' experience in helping Australians secure their financial independence, the IOOF group provides services to more than 500,000 clients and has more than $142.7 billion in funds under management, advice and administration (as at 30 September 2019). The IOOF group consists of IOOF Holdings Ltd ABN 49 100 103 722 and its related bodies corporate, and is currently listed in the top 200 on the Australian Securities Exchange (ASX: IFL).

IISL is dedicated to managing the investment assets of the Fund. The responsibilities include establishing, implementing and monitoring the Fund's investment objectives and strategies.

From time to time IISL may appoint underlying investment managers to manage all or a portion of the Fund's assets. IISL has the discretion to change the underlying investment managers or add or remove underlying investment managers at any time. For details of the current underlying investment managers, please refer to the fund profile available at www.ioof.com.au

How we invest your money

The Fund invests in a diversified portfolio of investments, spread across different asset types. The Fund has a goal of achieving income and long-term capital growth.

Target asset allocation

• Cash and liquid securities: 2-10%

• Fixed interest: 10-20%

• Property related securities: 5-15%

• Australian shares: 30-45%

• International shares: 20-35%

• Alternatives: 0-15%