CCI Investment Management Balanced Trust
- Investment objectives
This product is for investors seeking solid growth in capital and
income over a 3 to 5 year time horizon. The Trust has a 70% benchmark
exposure to growth assets such as shares.
The investment objectives for the CCI Investment Management Balanced
Trust are to:
1. Maximise the Trust's long term investment returns, subject to
constraints aimed at containing fluctuations in returns over shorter
periods within acceptable limits.
2. Achieve returns after tax and fees that exceed CPI increases
by at least 3% pa over rolling 3 and 5 year periods.
3. Achieve returns after tax and fees that exceed the notional
return on the benchmark portfolio specified in the Investment Policy
Statement over rolling 3 and 5 year periods.
4. Earn an after tax and fees rate of return in excess of the median
Balanced Fund manager in the Mercer Pooled Fund Survey (adjusted
for the tax-exempt nature of CCIIM investments) over rolling 3 and
5 year periods.
Any investment in this product should be viewed as an investment
with a long term investment horizon ie: for at least five years.
CCI Investment Management Balanced Trust
| Asset Class |
Benchmark (%) |
Policy Ranges (%) |
| Australian Shares |
30 |
25 - 35 |
| Overseas Shares (hedged) |
15 |
10 - 20 |
| Overseas Shares (unhedged) |
15 |
10 - 20 |
| Listed Property |
5 |
0 - 10 |
| Direct Property |
5 |
0 - 10 |
| Total Growth Assets |
70 |
55 - 85 |
| Australian Fixed Interest |
12.5 |
5 - 20 |
| Overseas Fixed Interest (hedged) |
10 |
5 - 15 |
| Index-linked Bonds |
2.5 |
0 - 10 |
| Cash |
5 |
0 - 10 |
| Total Defensive Assets |
30 |
15 - 45 |
| Exposure to Foreign Currencies |
15 |
10 - 20 |
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