Trust Philanthropy Fund
Fund objective
The Trust Philanthropy Fund (The Fund) aims to provide charitable trusts, non-profit organisations and investors with a balance between regular income and growth returns over the long term, so that there is growth in the regular income which can be used to support charities and philanthropic investments.
Risk and return profile
The price of Australian and international securities can be extremely volatile, and may fall as well as rise. That volatility will be directly reflected in the price of units in this Fund. Investors in this Fund should have a timeframe of 5 or more years.
Investment style
We aim to achieve the investment objectives of the Fund by investing in a diversified portfolio of Australian and international assets using the Multi-Manager investment process. Russell Investment Management Ltd (Russell) has been appointed by Trust as the investment manager to implement the Multi-Manager investment process for the Fund. Therefore, the Fund is managed using a collaborative approach between Trust's funds management business and Russell where investors benefit from the Trust Group's established experience in the management of charitable trust investments and Russell’s experience and expertise in asset class strategy and the Multi-Manager investment process.
The Multi-Manager investment process involves Russell selecting a range of specialist investment managers with complementary styles and unique investment processes to enhance the diversification within the Fund. The aim of using the Multi-Manager process is to provide consistent, above average returns over the long term, while managing/controlling risk.
Trust, in conjunction with Russell, continually monitor the asset allocation, investment approach and overall strategy of the Fund to ensure the investment objectives of the Fund are met over the medium to long term.
What are the main features of the Fund?
In its management of the assets of the Fund, Trust seeks to:
- Provide a balance between income distributions used to support charitable activities and achieve capital growth over the long term;
- Provide diversification across asset classes as well as using a range of complementary specialist managers to achieve a better risk and return profile for the Fund;
- Benefit from the collaborative experience and expertise of Trust and Russell in their respective functions to achieve optimal portfolio outcomes;
- Continuously monitor the asset allocation, investment approach and overall strategy of the Fund to ensure the investment objectives of the Fund are met over the long term.
About the specialist investment managers
Through its investment in underlying funds, the Fund will have exposure to a number of underlying specialist investment managers. These investment managers are set out in the Product Disclosure Statement for the Fund. To receive an updated list of the investment managers of the underlying funds please visit the Russell website at http://www.russell.com.au/ or call our client service team on 1800 650 358.
Trust Company Fiduciary Services Limited (Trust) is the responsible entity and issuer of units in the Fund. The information on this page is of a general nature only and should not be relied upon as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended to constitute legal or taxation advice as it is of a general nature only. Accordingly, before acting on the information you should consider its appropriateness having regard to your objectives, financial situation and needs. Before deciding whether to acquire, or to continue to hold the product, you should obtain and consider the current product disclosure statement.
