Blend of the ACI Conservative Fund and ACI Growth Fund. The strategy invests mainly in growth assets but includes some income assets. The ACI Balanced Strategy aims to achieve a rate of return (net of fees but before tax) of at least 3.125% per annum above inflation (as measured by Statistics New Zealand’s Consumer Price Index) over rolling five-year periods.
Stewart Group Asset Management (Stewart Group) is the investment manager and distributor of the strategy. As an investment manager, Stewart Group will be responsible for making decisions about what the strategy invests in, in accordance with the Statement of Investment Policy and Objectives ("SIPO").
Further information can be obtained here
