The investment objective of the Company is to provide investors with a growing income stream and long-term capital growth in excess of its Benchmark over minimum 5 year investment periods.
The Company's Benchmark is the S&P/ASX 300 Accumulation Index. Since the Company may invest in global listed securities, the Company will have exposure to different investments to the Benchmark. Although a key tenet of the Company's investment strategy is to provide the Manager with the flexibility to add value by investing in global listed securities, the Company has chosen the above Benchmark to reflect what the Company believes is the opportunity cost of alternatively only investing in Australian securities. This benchmark is intended to focus the Manager on global investment opportunities that add value above the Australian equity market return and focus the Manager on assessing global securities on a risk adjusted return basis from an Australian investor's perspective.