Why are these changes occurring?
The Fund has a focus on capital preservation, which is reflected in its lower net market exposure and risk objective. As the Fund uses cash equivalent instruments as a significant part of its investment strategy, Bennelong and Kardinia believe these changes are appropriate for the Fund and its unitholders in a long-term low interest rate environment.
Kardinia remains committed to helping its investors achieve their financial objectives by building and protecting wealth.
These changes are effective at 2 December 2019, in line with the Fund’s new Product Disclosure Statement.
