International Balanced Fund
WMI International Balanced Fund – US Dollar Class
Objective
To achieve long-term capital growth while exposing the investor to a relatively low level of risk.
Investment Strategy
Stocks are selected primarily from a universe of global industry leaders, which management believes to have attractive valuations relative to their long-term earnings potential. The style may be categorised as a combination of growth and value. Bonds are selected from the respective investment grade with an emphasis on AAA to A-rated issuers across a range of industries. The overall interest rate exposure (or duration) of the portfolio is determined with reference to an index of one to five-year bonds.
The target asset allocation for the Fund is 60% stocks and 40% bonds. Management’s strategy is to keep the Fund invested at these levels except during market extremes, when it may elect to hold a portion in cash or cash equivalents.
Risk/Return Profile
Moderate risk/Moderate return
Benefits and Features
- Diversified portfolio reduces risk while maximising returns: a combination of global investments (money market instruments, Eurobonds, domestic government bonds and world equities) and broad geographic spread gives this Fund enough diversification to reduce risk and maximise returns.
- Long-term, consistent accumulation and investment of income: this Fund is particularly suited for investors seeking long-term capital appreciation over a minimum period of five years.
- Cost-efficient management: management and custody fees combined are currently .65% per annum of the net asset valuation, which includes the Investment Adviser’s and Trustee’s fees. There are no extra transaction costs or fees charged by BAM for dividend/income collection. The Fund bears all operating, brokerage and out-of-pocket expenses.
- Low initial and subsequent investment:
- Initial investment of USD 5,000
- Subsequent minimum investments of USD 1,000
- Weekly trading, easy access: valuations are circulated at the close of business each Tuesday and dealing occurs each Wednesday
Potential Risk Return:
Moderate risk/Moderate return
Income Distribution:
Not applicable
Management Fee
0.65%
