Australian Shares Trust

Investment Objective

To provide capital growth of your investment over the long term by investing in a diversified portfolio of Australian shares, and to achieve a total return after fees in excess of the S&P/ASX 300 Accumulation Index over a rolling 5 year period.

Investment Strategy

The Trust generally gains its investment exposure by investing in a well-diversified portfolio of Australian share investment managers.

The Trust’s investments generally provide exposure to stocks within the S&P/ASX 300 Accumulation Index.

The Trust aims to be fully invested at all times with cash exposure not exceeding 10% for any length of time.

The Trust is authorised to utilise approved derivative instruments subject to the specific restriction that derivative instruments cannot be used to gear the portfolio exposure.

Fund Features

Performance

To view performance data for the IOOF MultiMix Australian Shares Trust, please click here

Performance figures reflect Total Returns and are based on month-end exit prices. They assume that all distributions are reinvested and are net of management costs and gross of tax. Please note the Terms and Conditions below in relation to reported performance. Past performance is not a reliable indicator of future performance.

Underlying Sector Managers

Associated Files

¹ The management cost listed above is effective 30 September 2011 (the issue date of the RPDS). This fee currently includes the investment management fee and expense recoveries (excluding any unusual or non-recurrent expenses). Fees paid to underlying investment managers are currently paid out of the investment mangement fees and are not an additional charge to investors. Please refer to the RPDS for full details on fees and costs.

Some underlying investment managers may charge performance fees from time to time. It is not possible to determine the actual performance fees that may apply for reasons detailed on page 23 of the MultiMix PDS. Estimated Performance Fees and Total Management Costs (including estimated performance fees) are provided on page 22 of the MultiMix PDS for indicative purposes only and are subject to change without prior notice.

The Lonsec Limited (Lonsec) ABN 56 061 751 102 rating (assigned December 2010) presented in this document is limited to general advice and based solely on consideration of the investment merits of the financial product(s). It is not a recommendation to purchase, sell or hold the relevant product(s), and you should seek independent financial advice before investing in this product(s). The rating is subject to change without notice and Lonsec assumes no obligation to update this document following publication. Lonsec receives a fee from the fund manager for researching the products(s) using comprehensive and objective criteria.

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