The Portfolio may be suitable for:
- Investors seeking a balance of income and long-term capital growth
- Those who can tolerate low to medium investment risk
- Those investing for the medium to long term
What are the risks of investing in the Fund?
The Portfolio is built based on a strategic asset allocation. In implementing this strategy, it will invest invest in a number of Underlying Funds in order to get the desired asset allocation. The performance of the Portfolio will be related to the performance of the Underlying Funds held by the Portfolio.
The risks associated with the Portfolio will reflect the risks of the Underlying Funds in which the Portfolio invests. The amount of risk the Portfolio takes on from each of the Underlying Funds is directly proportional to the amount invested in each of the Underlying Funds.
The Portfolio may be exposed to capital depreciation risk, class risk, commodity risk, concentration risk, currency risk, derivative risk, emerging markets risk, equity risk, exchange-traded fund risk, fixed income risk, foreign market risk, general market risk, index risk, large investor risk, liquidity risk, sector risk, securities lending, repurchase, and reverse repurchase agreements risk, smaller companies risk and sovereign debt risk.
For more details, read the Simplified Prospectus (PDF, 1.3 MB) .
The Portfolio intends to distribute net income quarterly and net realized capital gains annually in December. Distributions are automatically reinvested in additional units of the Fund unless you request otherwise.
If the monthly amount distributed exceeds the Portfolio's net income and net realized capital gains, such excess will constitute a return of capital. Generally, the Portfolio expects that the total amount of any returns of capital made by the Portfolio in any year should not exceed the amount of the net unrealized appreciation in the Portfolio's assets for the year. A distribution to you by the Portfolio that is a return of capital will not generally be included in your income. Such a distribution, however, will generally reduce the adjusted cost base of your units of the Portfolio and may, therefore, result in you realizing a taxable capital gain on a future disposition of the units. Further, to the extent that the adjusted cost base of your units of the Portfolio would otherwise be a negative amount as a result of you receiving a distribution on units that is a return of capital, the negative amount will be deemed to be a capital gain realized by you from a disposition of the units and your adjusted cost base of the units would be increased by the amount of such deemed gain. Read Income Tax Considerations for Investors. Depending on market conditions, a significant portion of the Portfolio's distribution may be a return of capital for a certain period of time. The amount of the distributions is not guaranteed and may change from time to time without notice to unitholders.