Investment Objectives

To provide a total return (after fees and expenses) that exceeds CPI increases by at least 3% pa measured over rolling three and five year periods.

Investor Profile

This Trust is for investors seeking to achieve returns from both growth and defensive assets. Investment returns will fluctuate over the short term, with the possibility of a negative return in some periods. The Trust should be viewed as an investment with a long-term horizon i.e. for at least five years.

Investment Policy

Using CCIIM’s manager of managers approach by investing the Trust assets with a panel of specialist managers chosen for their complementary investment styles consistent with the CCIIM investment strategy. The long-term average exposure to growth and defensive assets is expected to be 70% and 30% respectively of the total portfolio.

The assets of the Trust may be invested directly or via existing wholesale unlisted trusts.

Fund Managers (as at 30 November 2011)

• Australian Shares
• Perennial Investment Partners
• JCP Investment Partners
• Overseas Shares
• Schroders Investment Management
• MFS Investment Management
• DWS Global Equity Thematic Fund
• Diversified Alternatives
• AQR Capital Management
• Property
• AMP Capital Investors
• LaSalle Investment Management
• Fixed Interest
• Macquarie Investment Management
• Perpetual Investment Management
• PIMCO Australia Pty Ltd