The ACI Conservative Fund aims to achieve a rate of return (net of fees but before tax) of at least 1.75% per annum above inflation (as measured by Statistics New Zealand’s Consumer Price Index) over the longer term. The Fund’s objective is to provide relatively consistent returns, with some capital growth over the long term. The long-term returns from the ACI Conservative Fund are likely to be lower and more stable than those of the ACI Growth Fund.
Stewart Group Asset Management (Stewart Group) is the investment manager and distributor of the fund. As an investment manager, Stewart Group will be responsible for making decisions about what the fund invests in, in accordance with the Statement of Investment Policy and Objectives ("SIPO").
Further information can be obtained here
