|Product Type||Managed Discretionary Account|
|Product Sponsor||Mason Stevens LTD|
|Benchmark||MSCI ACWI (net) (as expressed in AUD from Bloomberg)|
|Number of investments||10-30|
|Minimum Cash Allocation||1%|
|Maximum Cash Allocation||50%|
|Maximum weighting per investment||20% at time of purchase|
|Suggested Timeframe||3-5 years|
|Annual Management Cost||1.00% per annum (inc. GST) calculated daily and charged monthly in arrears|
|Administration and Custody Fee||0.275% p.a. calculated daily and charged monthly in arrears. A lower fee applies for Investments above $1 million|
|Performance Fee||15% of excess returns over the benchmark return|
|Transaction cost||0.55% of the value of the transaction|
This is general information which does not take account of your particular objectives, financial circumstances or needs. You should consider the Fund’s offering document in deciding whether to acquire, or continue to hold, the product.
Please see the Investment Mandate located here for more detailed information.