Mutual Funds & ETFs

The reported asset allocation was 52.95% equities and 47.05% bonds. These actual weights differ from the long term average target, which describes the intended strategic balance rather than a requirement that each component equals half of assets at every moment.

The fund aims to track the FTSE Developed Core Infrastructure 50/50 Hedged to AUDindexbefore fees and expenses. Its investments provide exposure to listed infrastructure securities rather than direct ownership of individual roads, airports orUtilitynetworks.

The fund’s mandate creates exposure to a specific industry theme rather than the full global share market. Its reported asset allocation was entirely equities. The portfolio contained sixty holdings, but that company count does not remove the common commercial influences attached to the defence …

The fund’s quality description is linked to its reference index and the companies that qualify under that framework. Full replication means the strategy seeks to invest in benchmark constituents in line with the index approach. It does not make a discretionary promise that every …

The index selects companies based on free float adjustedMarket Capitalisationwithin its developed market universe outside Australia. This defines both a geographic scope and a company size focus. It is a different exposure from a portfolio that includes Australian shares or a dedicated emerging markets …

The fund aims to track the Indxx North Shore Uranium Mining Index before fees and expenses. The mandate covers different stages of the uranium industry. A producer, an exploration company and a physical uranium holding vehicle can have different commercial risks even when all …

The direct holding shown was Betashares Global Shares ETF at 100.00%. That is anInvestmentin a diversified underlying fund rather than exposure to one operating company. The underlying portfolio provides the company, country and sector mix, while the overlay addresses market risk.