What can the ANZ Investments OneAnswer International Property 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 |
|---|---|---|---|
| Listed property (International) | 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
The three core components are exclusions (excluding some companies and industries based on involvement in areas of harm or for breaching global norms), ESG integration (integrating ESG considerations into evaluation of companies invested in or looking to invest in), and stewardship (engagement and proxy voting). Investment decisions must consider social, environmental and governance factors. A Net Zero 2050 goal applies across all funds under management using a stewardship-based approach to decarbonisation.
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. using equity futures). Their use is carefully managed within defined limits set out in the Derivatives Framework, which is designed to ensure all derivative positions are consistent with the fund's investment strategy and risk profile, and derivative counterparties must meet minimum credit ratings.