The StocksPLUS Fund offers investors exposure to the
returns of the S&P 500 Index via non-leveraged positions in
futures and swaps which are collateralised by an actively
managed portfolio of short-duration, fixed income securities.
The fixed income portfolio offers the potential for excess
returns relative to the index.
This fund aims to outperform the benchmark by generating
excess returns over the prevailing money market rate from
an actively managed bond portfolio.
The Fund Advantage
The fund offers potential excess returns over equities that
are uncorrelated with active equity managers by employing
a high quality bond portfolio.