Investment Objective

The Fund's investment objective is to provide investors with long-term growth of capital growth with reduced levels of risk through a highly diversified international growth and income portfolio based on a global multi manager approach.

Investment Policies and Strategies

The Fund will invest principally in at least 5 international and domestic collective investment schemes.

If the investment in the underlying funds does not meet the objective of the Fund, the Fund may choose to replace it with another collective investment scheme with similar objectives.

Investment Focus & Approach of the Sub-Fund

The Fund employs a multi style, multi manager approach. It is broadly diversified and provides an ideal vehicle for an investor's core exposure to international and domestic capital markets.

Multi managers and strategies are employed to capture sources of alpha (excess return) while avoiding unnecessary risk at the total fund level.

In constructing the Fund, we seek to emphasise those return sources that provide the most reliable means of excess return while controlling risks we believe are uncompensated over the long term.

A core investment vehicle is characterized by consistent returns and lower levels of risk. The best way we know to reduce risk is through high levels of diversification. The fund achieves this high level of diversification by utilizing the investment approach pioneered by Russell, the Multi Asset, Multi Style, Multi Manager Approach, via investments in the Russell sub funds.

Asset Allocation:

• 95% - 100% of the NAV of the Fund in collective investment schemes.


• 0% - 5% of the NAV of the Fund in cash or cash equivalent.


• The Fund shall invest in at least 5 collective investment schemes at all times.


• The Fund shall not invest more than 30% of the Fund's NAV in units of a collective investment scheme.

Some basic fees: