Obtains investment exposure by investing in the Nikko AM Wholesale Global Equity Unhedged Fund

A multi-manager global equity strategy, managed by a specialist team based in Sydney and Singapore. Investment personnel from Nikko AM Australia, Singapore and New Zealand are responsible for the ongoing monitoring of all underlying investment managers.

Philosophy

The investment strategy is based upon bottom-up stock picking. In order to achieve high performance outcomes in a risk controlled manner, the approach is to outsource the stock picking to a range of exceptional international investment managers.

Although the underlying managers follow their own investment ethos, they are blended in such a way as to target superior risk-adjusted returns.

The underlying managers have excellent long-term track records and a demonstrated ability to consistently perform throughout the investment cycle.

The current international investment managers are:

  • WCM Investment Management
  • Principal Global Investors (Australia) Limited
  • Epoch Investment Partners, Inc
  • Davis Selected Advisors, L.P.

Objective

To construct a portfolio of permitted investments that outperform the Fund's benchmark return by 3.0% per annum over a rolling three year period before fees, expenses and taxes.

Benchmark

MSCI All Countries World Index (net dividends reinvested) - NZD unhedged

Hedging policy

Unhedged