Investment Process 
Focuses on a diversified portfolio of securities which have non-correlated risks, and is managed on a total return basis. Investments are diversified across a broad cross section of domestic and international higher income opportunities, including hybrids, structured credit securities, high yield corporate bonds, private placements, alternative portable alpha and emerging market debt.  Floating rate securities are also included, to minimise the portfolio’s sensitivity to changes in interest rates.

Assets in Strategy
Over $125 million

Target Performance
At least 2% pa above the UBS Bank Bill Index (before fees) over a rolling 3 year period.

Target Tracking Error
<3% pa