Seed Multi Asset Class Portfolio

Aims and Objectives

This portfolio is designed for moderate investors who are cognisant of capital protection but also expect capital growth in real terms. It is ideally suited for:

1. Older investors that need a medium risk portfolio where they can use the proceeds to finance their required income in later years.
2. Investors closer to retirement (<5 years from retirement) that seek a diversified portfolio without being overly conservative.
3. Investors where the investment horizon is between 3 and 5 years.

The return objective of this fund is to outperform a benchmark of Inflation + 5% per annum over a rolling 4 year period while the risk objective is to protect capital over a rolling 3 year period.
The strategy that this fund follows to reach its return and risk objectives is:

1. Select top quality unit trust managers with excellent track records.
2. Actively manage the portfolio within the following asset class ranges:

RSA Equity	Between 25% and 56.25% of the fund
RSA Protected Equity #	Between 0% and 25% of the fund
RSA Bonds	Between 0% and 25% of the fund
RSA Cash	Between 0% and 25% of the fund
RSA Property	Between 0% and 25% of the fund
Offshore Assets	Between 0% and 35% of the fund

# Protected Equity is effectively an exposure to the equity market but with the necessary protection in place to protect it from large capital losses.