| APIR Code | QIN0002AU |
| Status | Open |
| Investment Manager | QIC |
| Investment Objective | The Fund aims to achieve an investment return (before fees) of at least 1% p.a. above the S&P/ASX 200 Accumulation Index, over rolling 7 year periods, through investment in the Underlying Funds. The Fund aims to provide long term capital growth and some franked income by investing in a combination of the Underlying
Funds. |
| Investment Strategy | The Underlying Funds are managed to provide a diversified and dynamic exposure to Australian shares using primarily external managers appointed by QIC. The Fund’s asset allocation is 100% invested in Australian shares and the underlying managers are reviewed regularly although a reallocation is only considered in response to a fundamental change in long-term expectations or market demand. QIC seeks to add value through a disciplined approach to the selection of the investments held by the Underlying Funds. |
| Risk/Return Profile | Medium to high |
| Minimum Suggested Time Frame | 7 years |
| Benchmark Asset Allocation | 100% Australian Shares
The Fund invests in Australian shares although from time to time cash will be retained by the Fund for operational purposes. |
| Investment Requirements |
| Minimum Initial Investment | $2,000 (Lump Sum)
$500 (Regular Savings Plan) |
| Minimum Additional Investment | $500 per Fund (Lump Sum) or $100 per month per Fund (Regular Savings Plan) |
| Regular Savings Plan | Yes |
| Minimum Switch | $500 per Fund (subject to minimum balance requirement of $500 per Fund) |
| Minimum Balance per Fund | $500 per Fund |
| Minimum Withdrawal | $500 per Fund (subject to minimum balance requirement of $500 per Fund) |
| Distributions |
| Income distribution frequency | Half-yearly |
| Payment options | Direct credit or reinvestment (reinvestment only if using Regular Savings Plan) |
| Fees and Costs |
| Establishment fee | Nil |
| Contribution fee | Nil |
| Withdrawal fee | Nil |
| Termination fee | Nil |
| Management costs | 1.50% p.a. reducing to 1.10% p.a. for amounts greater than $200,000 |
| Buy / sell spreads | +0.12%/-0.12% |
