IOOF Holdings Limited : Multi Series Balanced plus Pursuit Focus delivers low-cost active management

01/02/2012

We recently made a number of enhancements to the IOOF Multi Series Balanced Trust to increase its exposure to active management while at the same time reducing its investment fee to just 0.55%.

This is in line with our goal of providing quality investment options and efficient administration at competitive rates. We launched IOOF Pursuit Focus late last year with a similar goal - it has a focused investment menu and an administration fee of just 0.34% (minimum $120pa)*. Since Multi Series Balanced features on the Pursuit Focus menu, it's now possible to invest in a balanced portfolio of quality managers for a total cost of just 0.89% pa.

The combination of Pursuit Focus and Multi Series Balanced has a number of advantages over other low-cost investment options:

• Active management - We believe active management is the key to solid investment performance which is why it features heavily in the Multi Series Balanced Trust.
• Flexibility - Pursuit Focus is part of the wider Pursuit range which means you can easily move to a more sophisticated solution as your needs change without incurring additional fees or triggering a capital gains event.
• Investment choice - Pursuit Focus offers access to the full range of IOOF MultiMix investment options which means you can choose a portfolio to suit your investment needs and risk profile.
• Protection - Pursuit Focus offers a broad range of insurance options to allow you to protect yourself and your family both cost-effectively and tax-effectively.
• Features - You can access your account electronically through Portfolio Online and take advantage of simple regular contribution and income reinvestment options.

For more information on accessing the IOOF Multi Series Balanced Trust through your existing super or investment account, or to find out more about a Pursuit Focus account, speak to your financial adviser or call our client services team on 1800 002 217.

*See the Product Disclosure Statement for information on transaction costs.