What can the ANZ Investments OneAnswer International Listed Infrastructure Fund actually invest in?
The fund's Statement of Investment Policy and Objectives (SIPO) defines the asset classes it can hold and the allowable target / min / max weights for each.
Strategic asset allocation ranges
| Asset class | Target | Min | Max |
|---|---|---|---|
| Other (Listed Infrastructure) | 100% | 0% | 100% |
| International equities | 0% | 0% | 100% |
| Cash and cash equivalents | 0% | 0% | 10% |
Mandate flexibility (sum of max − min across all ranges): 210%. Wide range — high manager discretion typical of active management.
Responsible-investment approach
Responsible investment factors in people, society and the environment along with financial performance. The three core components are: (1) exclusions of some companies and industries based on involvement in areas of harm or breaching global norms; (2) ESG integration into evaluation of companies invested in or considered; and (3) stewardship through engagement and proxy voting. Investments are not made based solely on ESG factors.
Derivatives policy
Derivatives are used to reduce investment risks such as currency risk, or as an efficient way to gain exposure to an asset or asset class (e.g. equity futures). Use is carefully managed within defined limits set out in the Derivatives Framework, and derivative counterparties must meet minimum credit ratings.