Investment Objectives

The objective of the Trust is to provide investors with a quarterly income distribution and potential for capital growth by outperforming the 90 day bank bill index by 1.5% (after fees) over rolling three year periods.

Investor Profile

The Income Trust is designed to provide investors with a quarterly income stream and potential for capital growth.

Suitable for investors seeking returns in excess of regular cash deposits but with a medium term investment of at least three years.

Investment Policy

• Predominantly invests in income producing investments
• The Trust can invest in securities issued by government authorities, corporations and financing vehicles and can include the following:
• Cash and fixed interest securities.
• Hybrid securities (securities that have characteristics of both debt and equity).
• Mortgages up to 66.6% (⅔) of valuation secured over commercial, industrial and residential real estate in Australia.
• Mortgage backed securities that provide regular interest payments, similar to that of fixed interest securities, and are backed by a pool of mortgages by way of securitisation.

Fund Manager (as at 30 November 2011)

• Catholic Church Insurances Limited