Investment solutions

Fund information, features flyer and performance charting

Discover the features of both the MultiSeries and MultiMix ranges by downloading this handy features flyer here.

Fund dashboard and performance charting

Access all fund information below by clicking on a fund to discover ratings, asset class diversification and underlying managers, top holdings and fund highlights plus a dynamic charting tool to compare fund performance. Even build your own portfolio and generate PDF charting reports.

Diversified funds
Single sector funds
OnePath Index - Diversified
PensionPersonal SuperInvestment Portfolio
OnePath Index - Diversified
OnePath Conservative IndexMMF1690AU MMF1813AU MMF1568AU
OnePath Balanced IndexMMF1689AU MMF1812AU MMF1567AU
OnePath Growth IndexMMF1691AU MMF1814AU MMF1569AU
OnePath High Growth IndexMMF1692AU MMF1815AU MMF1570AU
OnePath Index – Single Sector
OnePath Australian Shares IndexMMF1688AU MMF1811AU MMF1566AU
OnePath Geared Australian Shares IndexMMF1662AU MMF1785AU MMF1541AU
OnePath International Shares Index (Unhedged)MMF1694AU MMF1817AU MMF1572AU
OnePath International Shares Index (Hedged)MMF1695AU MMF1818AU MMF1573AU
OnePath Australian Property Securities IndexMMF1696AU MMF1819AU MMF1574AU
OnePath Global Property Securities IndexMMF1630AU MMF1754AU MMF1509AU
OnePath Global Listed Infrastructure IndexMMF8529AU MMF8431AU MMF2654AU
OnePath Diversified Bond IndexMMF1693AU MMF1816AU MMF1571AU
OnePath Diversified Fixed InterestMMF1625AU MMF1727AU MMF1505AU
Optimix - Diversified
PensionPersonal SuperInvestment Portfolio
OptiMix - Diversified
OptiMix ConservativeMMF1660AU MMF1783AU MMF1539AU
OptiMix ModerateMMF1668AU MMF1791AU MMF1547AU
OptiMix BalancedMMF1659AU MMF1782AU MMF1538AU
OptiMix GrowthMMF1666AU MMF1789AU MMF1545AU
OptiMix High GrowthMMF1667AU MMF1790AU MMF1546AU
OptiMix - Single Sector
OptiMix Australian SharesMMF1658AU MMF1781AU MMF1537AU
OptiMix Global SharesMMF1664AU MMF1787AU MMF1543AU
OptiMix Global Emerging Markets SharesMMF1663AU MMF1786AU MMF1542AU
OptiMix Property SecuritiesMMF1669AU MMF1792AU MMF1548AU
OptiMix Australian Fixed InterestMMF1657AU MMF1780AU MMF1536AU
Access high-quality fund managers

Within the IOOF multi-manager portfolios, we access high-quality external fund managers through a rigorous and disciplined fund manager selection process. This includes specialist programs and expertise.

Discover all the underlying investment managers across each fund, plus any changes to occur over the latest quarter:

Boutique managers in the early stages of growth are able to generate superior returns compared to most other competing investment managers. We seek to capture these superior returns through the IOOF boutique program.

Within our program, boutique managers in the early start-up stages are identified and thoroughly researched. If they demonstrate that they have the expertise to be successful in the future, we provide them with seed funds under management.

The Boutique Manager Portfolio is not a standalone product and its risk attributes are managed within the broader mix of managers in the IOOF MultiMix Australian Shares Trust. Due to the nature of the Boutique Manager Portfolio, there may be higher risk associated as the underlying businesses may be less established.

We are proud to be the first multi-manager to develop an alternatives program and establish both defensive and growth portfolios within our funds.

Alternative investments are investments outside mainstream funds, and offer valuable diversification benefits.

Types of alternative funds we may invest in include:

  • Private Equity/ Venue Capital
  • Hedge Funds
  • Private Debt
  • Structured Credit
  • Insurance Linked Securities
  • Real Assets

    -Real Estate

    -Infrastructure

    -Timber & Agriculture

    -Commodities

We have a solid property track record that extends past managed funds and includes direct property exposure. Our internally managed direct property portfolio targets niche mid-market investments and is relatively unique in the marketplace.

The table below lists the current fund managers who form part of the IOOF multi-manager offerings.

MultiSeries
Asset classFund managerStyle

Asset class

Cash and short-term securities

Fund manager

IOOF Investment Services Ltd

Style

Short-term money market securities

Asset class

Diversified fixed interest

Fund manager

Janus Henderson Global Investors (Australia) Funds Management Limited

Style

Active Australian fixed interest

Fund manager

Ardea Investment Management

Style

Diversified fixed income and total return Australian fixed income

Fund manager

Metrics Credit Partners Pty Limited

Style

Australian corporate loans

Fund manager

Western Asset Management Company

Style

Australian bonds and global high-grade multi-asset credit

Fund manager

Stone Harbor Investment Partners LP

Style

Emerging market debt

Fund manager

Invesco Australia Limited

Style

International core fixed income

Asset class

Property

Fund manager

IOOF Investment Services Ltd

Style

Core

Fund manager

Macquarie Investment Management Limited

Style

Passive listed Australian and global property securities

Asset class

Australian shares

Fund manager

Acadian Asset Management (Australia) Limited

Style

Small companies

Fund manager

AllianceBernstein Investment Management Australia Limited

Style

Concentrated value

Fund manager

The Northern Trust Company of Hong Kong Limited

Style

Quantitative quality and momentum

Fund manager

Yarra Funds Management Limited

Style

Style neutral

Fund manager

Invesco Australia Limited

Style

Quantitative 130/30

Fund manager

IOOF QuantPlus

Style

Enhanced passive

Fund manager

State Street Global Advisors, Australia, Limited

Style

Enhanced passive

Asset class

International shares

Fund manager

Alphinity Investment Management Pty Ltd

Style

Quality with earnings leadership

Fund manager

Brown Advisory Limited

Style

Global equities

Fund manager

TT International

Style

Emerging and developed markets

Fund manager

Challenger Limited

Style

Index plus a margin of up to 1.4%pa

Fund manager

Neuberger Berman Australia Pty Limited

Style

Emerging markets

Asset class

Alternatives

Fund manager

Invesco Australia Limited

Style

Global targeted return

Fund manager

AllianceBernstein Investment Management Australia Limited

Style

Diversified Alpha

Fund manager

Macquarie Investment Management Limited

Style

Passive listed global infrastructure

Fund manager

Metrics Credit Partners Pty Limited

Style

Secured Australian private debt, real estate debt and mezzanine debt
MultiMix
Asset classFund managerStyle

Asset class

Cash and short-term securities

Fund manager

Janus Henderson Investors (Australia) Funds Management Limited

Style

Active

Fund manager

Pendal Institutional Limited

Style

Relative value credit

Fund manager

IOOF Investment Services Ltd

Style

Short-term money market securities

Asset class

Diversified fixed interest

Fund manager

Janus Henderson Investors (Australia) Funds Management Limited

Style

Active Australian fixed interest

Fund manager

Metrics Credit Partners Pty Limited

Style

Australian corporate loans

Fund manager

Stone Harbor Investment Partners LP

Style

Emerging market debt

Fund manager

PIMCO Australia Pty Limited

Style

Global bonds

Fund manager

T.Rowe Price

Style

International core fixed income

Fund manager

Bentham Asset Management Pty Ltd

Style

Syndicated loans

Fund manager

Western Asset Management Company

Style

Australian bonds, Global Total Return and global high-grade multi-asset credit

Asset class

Property

Fund manager

Fidante Partners Limited

Style

Broad cap core

Fund manager

IOOF Investment Services Ltd

Style

Core

Fund manager

Legg Mason Martin Currie Australia Limited

Style

Small cap

Fund manager

Pendal Institutional Limited

Style

Active, value-driven, risk-controlled

Fund manager

Cohen & Steers Capital Management, Inc.

Style

Active, core, bottom-up

Fund manager

Resolution Capital Limited

Style

High conviction, benchmark – unaware

Asset class

Australian shares

Fund manager

AllianceBernstein Investment Management Australia Limited

Style

Managed volatility and concentrated value

Fund manager

Acorn Capital Limited

Style

Micro-caps, active long only

Fund manager

Invesco Australia Limited

Style

Quantitative, bottom-up, multi-factor approach

Fund manager

Quest Asset Partners Pty Limited

Style

Fundamental quality and growt

Fund manager

Vinva Investment Management Limited

Style

Quantitative

Fund manager

Legg Mason Martin Currie Australia Limited

Style

Dynamic value

Fund manager

OC Funds Management Limited

Style

Small cap and micro-cap

Fund manager

Northcape Capity Pty Ltd

Style

Quality

Fund manager

Boutique Manager Portfolio

Style

Diversified Australian shares

Fund manager

Defensive Equities Trust

Style

Defensive equities

Asset class

International shares

Fund manager

EAM Global Investors LLC

Style

Emerging markets small caps

Fund manager

Alphinity Investment Management Pty Ltd

Style

Quality with earnings leadership

Fund manager

Wellington International Management Company, Pty Ltd

Style

Growth

Fund manager

Antipodes Partners

Style

Pragmatic Value, absolute return

Fund manager

The Northern Trust Company of Hong Kong Limited

Style

Multi-factor

Fund manager

TT International

Style

Growth at reasonable price and concentrated quality

Fund manager

Thomson Horstmann & Bryant, Inc.

Style

Micro-caps

Asset class

Alternatives

Fund manager

We have a large number of underlying managers for our exposure to alternative assets. These managers are not listed separately due to the size of the list and the fact that the allocation to each manager is small.
Asset class insights

Find out more about the asset classes that a part of our diversified funds.

The IOOF MultiSeries and IOOF MultiMix diversified funds provide you with the ability to access varying levels of exposure to alternative investments. Our current alternative manager line up is available here

Read the latest quarterly update for the IOOF MultiMix wholesale Alternatives trusts here.


Investing in alternative investments

Download the PDF here

Most of us have heard of the main asset classes: shares, property, fixed interest and cash, but alternative assets are less well known. These types of assets can provide further diversification and enhanced returns for your clients’ investment portfolios.

Alternative investments are those found outside of these traditional asset classes. Typical investments include unlisted real assets (such as real estate, infrastructure and natural resources), private equity and venture capital, hedge funds, private debt, and structured credit.

Generally, these assets aren’t correlated to the performance of the share market – they can often perform when share market returns are down or flat. The net result is that alternative investments add an extra layer of diversification – you’re not ‘putting all of your eggs in one basket’.

However, as these investments are typically less liquid and less regulated than traditional assets, and can involve leverage, they are generally restricted to institutional or high net worth investors.

There are two key types of alternative investments:

1. Growth alternatives offer the opportunity for enhanced absolute returns, with a focus on capital growth.

2. Defensive alternatives generally offer a more stable, income driven return profile, with a focus on capital preservation.

What are the main alternative asset classes?

The main alternative asset classes are listed below. With the exception of private equity (which is always considered growth), each can form part of either a growth or defensive allocation, with the key determinant being the level of risk and return expected of the strategy being undertaken by the investment manager within a given asset class.

Real assets

Real assets offer enhanced portfolio diversification and can help protect against the impact of inflation. They are generally tangible or ‘hard’ assets such as:

Real estate – acquisition, financing, or development of residential, commercial, or industrial properties.

Infrastructure – services and facilities essential to the economic development of society such as energy, transportation, communications, logistics, utilities, and waste management.

Natural resources – exploration, production, or development of various types of naturally occurring materials or substances such as timberland, agriculture, water, energy, and metals.

Real assets
Private equity

Private equity is essentially an ownership stake in a company that is not publicly listed or traded. This asset class is typically made up of three core segments which are defined by the relative life stage of the underlying companies:

(1) Venture capital – which focuses on start-up and early-stage ventures.

(2) Growth capital – which helps companies expand or restructure.

(3) Buyouts – where a more mature company or one of its divisions is purchased outright.

Private equity managers seek to generate high returns for investors by enhancing the business model and improving the operations of target companies prior to a future sale.

Private equity
Hedge funds
Hedge funds

Hedge funds are actively managed investment funds which employ various strategies with the goal of generating higher returns (alpha) with low correlation to and less volatility than listed share markets. They may also provide ‘tail-risk’ protection for portfolios in the event of falling prices in traditional share or bond markets. While the hedge fund universe is broad, some of the key strategies include:

Equity hedge – seeks to identify securities which are overvalued or undervalued, buying (going long) those which are undervalued (expected to rise in price), and selling (shorting) those which are overvalued (expected to fall in price).

Relative value – seeks to exploit valuation discrepancies or mispricing of securities which share similar characteristics.

Global macro – seeks to take a fundamental, top-down view across different asset classes and regions in the context of economic and geopolitical perspectives.

Event driven – seeks to profit from security pricing inefficiencies that can occur when companies are involved in a range of corporate events such as takeovers, restructures, mergers, and bankruptcies.

Trend-following – seeks to follow the general market direction, buying (going long) when markets are expected to continue to rise, and selling (shorting) when markets are expected to continue to fall.

Private debt
Private debt

Private debt refers to lending offered directly to commercial borrowers by asset managers as opposed to banks, with the loans not being traded or issued in an open market. Borrowers, whether private or public, borrow funds directly from a private debt fund issued and managed by an asset manager. The income returns generated by these private debt funds for their investors are primarily derived from the interest payment cashflows due on the loans. The level of returns will vary depending on the degree of risk the respective private debt fund targets such as the relative credit quality of the corporate borrower, the collateral supporting the loan (eg hard assets such as real estate or corporate cashflows), and the relative seniority of the loan within the capital structure of the borrowing company (eg a ‘senior’ loan secured by assets is deemed to be lower risk than an unsecured ‘mezzanine’ loan which sits between ‘senior secured’ loans and ‘common equity’).

Structured credit
Structured credit

Structured credit typically involves the process of securitisation whereby debt obligations, such as loans and mortgages, are pooled and packaged into interest bearing securities marketed to institutional fixed income investors such as insurance companies and pension funds. The underlying collateral for the loans determines the type of debt, ranging from mortgage-backed securities (MBS) which are collateralised by commercial or residential real estate, through to collateralised loan obligations (CLOs) which are backed by a pool of corporate loans.

These securitised MBS and CLO structures are typically segmented into what are known as ‘tranches’, with each tranche offering investors a level of return – typically a regular coupon payment like a bond. The relative seniority of each tranche will ultimately determine the level of risk and expected return for an investor in each tranche. That is, a more senior tranche will have less risk and thus a lower expected return, while a more junior, equity like tranche will heighten the risk, with investors in these tranches therefore expecting a higher return to compensate for the potential exposure to losses.

How to access alternative investments with IOOF

Each of our multi-manager investment solutions offer varying levels of exposure to alternative investments for your clients. Our current alternative manager line up for Multimix and MultiSeries is available here.

To find out more about our alternatives program and our investment solutions, please speak with your business development manager.

Important Information: This document is issued by IOOF Investment Services Ltd (IISL) ABN 80 007 350 405, AFSL 230703, as Responsible Entity of the IOOF MultiSeries, IOOF MultiMix Trusts and MultiMix Wholesale Trusts. IISL is a company within the IOOF Group which consists of IOOF Holdings Ltd ABN 49 100 103 722 and its related bodies corporate. This document contains general advice only and does not take into account your taxation and financial circumstances, needs and objectives. Before making any investment decisions, you should assess your own circumstances or seek advice from a financial adviser. Before you acquire a financial product, you should obtain and consider the Product Disclosure Statement available from us at www.ioof.com.au, by calling 1800 002 217 or from your financial adviser. The information in this document is current as at 20 October 2021. Whilst this information is believed to be accurate and reliable at the time of publication, to the extent permitted by law, no liability is accepted for any loss or damage as a result of reliance upon it. Neither IISL nor any company in the IOOF Group guarantees the performance of any fund or the return of an investor’s capital. Examples are for illustrative purposes only and are subject to the assumptions and qualifications disclosed. Past performance is not an indicator of future performance.

View the insights from our Fixed Interest Investment team of Osvaldo Acosta and Mark Nordio on what’s happening now and how we’ve positioned fixed interest portfolios to weather the storm.

The Australian direct property portfolio (Property Plus Trust) can be accessed through our multi-manager diversified funds: IOOF MultiSeries and IOOF MultiMix.

View our Investing in Australian Direct Property flyer to learn more about the Property asset class.

Read the latest quarterly update for the IOOF MultiMix wholesale Property trusts here.

Fund information, features flyer and performance charting

Discover the features of both the MultiSeries and MultiMix ranges by downloading this handy features flyer here.

Fund dashboard and performance charting

Access all fund information below by clicking on a fund to discover ratings, asset class diversification and underlying managers, top holdings and fund highlights plus a dynamic charting tool to compare fund performance. Even build your own portfolio and generate PDF charting reports.

Diversified funds
Single sector funds
OnePath Index - Diversified
PensionPersonal SuperInvestment Portfolio
OnePath Index - Diversified
OnePath Conservative IndexMMF1690AU MMF1813AU MMF1568AU
OnePath Balanced IndexMMF1689AU MMF1812AU MMF1567AU
OnePath Growth IndexMMF1691AU MMF1814AU MMF1569AU
OnePath High Growth IndexMMF1692AU MMF1815AU MMF1570AU
OnePath Index – Single Sector
OnePath Australian Shares IndexMMF1688AU MMF1811AU MMF1566AU
OnePath Geared Australian Shares IndexMMF1662AU MMF1785AU MMF1541AU
OnePath International Shares Index (Unhedged)MMF1694AU MMF1817AU MMF1572AU
OnePath International Shares Index (Hedged)MMF1695AU MMF1818AU MMF1573AU
OnePath Australian Property Securities IndexMMF1696AU MMF1819AU MMF1574AU
OnePath Global Property Securities IndexMMF1630AU MMF1754AU MMF1509AU
OnePath Global Listed Infrastructure IndexMMF8529AU MMF8431AU MMF2654AU
OnePath Diversified Bond IndexMMF1693AU MMF1816AU MMF1571AU
OnePath Diversified Fixed InterestMMF1625AU MMF1727AU MMF1505AU
Optimix - Diversified
PensionPersonal SuperInvestment Portfolio
OptiMix - Diversified
OptiMix ConservativeMMF1660AU MMF1783AU MMF1539AU
OptiMix ModerateMMF1668AU MMF1791AU MMF1547AU
OptiMix BalancedMMF1659AU MMF1782AU MMF1538AU
OptiMix GrowthMMF1666AU MMF1789AU MMF1545AU
OptiMix High GrowthMMF1667AU MMF1790AU MMF1546AU
OptiMix - Single Sector
OptiMix Australian SharesMMF1658AU MMF1781AU MMF1537AU
OptiMix Global SharesMMF1664AU MMF1787AU MMF1543AU
OptiMix Global Emerging Markets SharesMMF1663AU MMF1786AU MMF1542AU
OptiMix Property SecuritiesMMF1669AU MMF1792AU MMF1548AU
OptiMix Australian Fixed InterestMMF1657AU MMF1780AU MMF1536AU
Asset class insights

Find out more about the asset classes that a part of our diversified funds.

The IOOF MultiSeries and IOOF MultiMix diversified funds provide you with the ability to access varying levels of exposure to alternative investments. Our current alternative manager line up is available here.

Read the latest quarterly update for the IOOF MultiMix wholesale Alternatives trusts here.


Investing in alternative investments

Download the PDF here

Most of us have heard of the main asset classes: shares, property, fixed interest and cash, but alternative assets are less well known. These types of assets can provide further diversification and enhanced returns for your clients’ investment portfolios.

Alternative investments are those found outside of these traditional asset classes. Typical investments include unlisted real assets (such as real estate, infrastructure and natural resources), private equity and venture capital, hedge funds, private debt, and structured credit.

Generally, these assets aren’t correlated to the performance of the share market – they can often perform when share market returns are down or flat. The net result is that alternative investments add an extra layer of diversification – you’re not ‘putting all of your eggs in one basket’.

However, as these investments are typically less liquid and less regulated than traditional assets, and can involve leverage, they are generally restricted to institutional or high net worth investors.

There are two key types of alternative investments:

1. Growth alternatives offer the opportunity for enhanced absolute returns, with a focus on capital growth.

2. Defensive alternatives generally offer a more stable, income driven return profile, with a focus on capital preservation.

What are the main alternative asset classes?

The main alternative asset classes are listed below. With the exception of private equity (which is always considered growth), each can form part of either a growth or defensive allocation, with the key determinant being the level of risk and return expected of the strategy being undertaken by the investment manager within a given asset class.

Real assets

Real assets offer enhanced portfolio diversification and can help protect against the impact of inflation. They are generally tangible or ‘hard’ assets such as:

Real estate – acquisition, financing, or development of residential, commercial, or industrial properties.

Infrastructure – services and facilities essential to the economic development of society such as energy, transportation, communications, logistics, utilities, and waste management.

Natural resources – exploration, production, or development of various types of naturally occurring materials or substances such as timberland, agriculture, water, energy, and metals.

Real assets
Private equity

Private equity is essentially an ownership stake in a company that is not publicly listed or traded. This asset class is typically made up of three core segments which are defined by the relative life stage of the underlying companies:

(1) Venture capital – which focuses on start-up and early-stage ventures.

(2) Growth capital – which helps companies expand or restructure.

(3) Buyouts – where a more mature company or one of its divisions is purchased outright.

Private equity managers seek to generate high returns for investors by enhancing the business model and improving the operations of target companies prior to a future sale.

Private equity
Hedge funds
Hedge funds

Hedge funds are actively managed investment funds which employ various strategies with the goal of generating higher returns (alpha) with low correlation to and less volatility than listed share markets. They may also provide ‘tail-risk’ protection for portfolios in the event of falling prices in traditional share or bond markets. While the hedge fund universe is broad, some of the key strategies include:

Equity hedge – seeks to identify securities which are overvalued or undervalued, buying (going long) those which are undervalued (expected to rise in price), and selling (shorting) those which are overvalued (expected to fall in price).

Relative value – seeks to exploit valuation discrepancies or mispricing of securities which share similar characteristics.

Global macro – seeks to take a fundamental, top-down view across different asset classes and regions in the context of economic and geopolitical perspectives.

Event driven – seeks to profit from security pricing inefficiencies that can occur when companies are involved in a range of corporate events such as takeovers, restructures, mergers, and bankruptcies.

Trend-following – seeks to follow the general market direction, buying (going long) when markets are expected to continue to rise, and selling (shorting) when markets are expected to continue to fall.

Private debt
Private debt

Private debt refers to lending offered directly to commercial borrowers by asset managers as opposed to banks, with the loans not being traded or issued in an open market. Borrowers, whether private or public, borrow funds directly from a private debt fund issued and managed by an asset manager. The income returns generated by these private debt funds for their investors are primarily derived from the interest payment cashflows due on the loans. The level of returns will vary depending on the degree of risk the respective private debt fund targets such as the relative credit quality of the corporate borrower, the collateral supporting the loan (eg hard assets such as real estate or corporate cashflows), and the relative seniority of the loan within the capital structure of the borrowing company (eg a ‘senior’ loan secured by assets is deemed to be lower risk than an unsecured ‘mezzanine’ loan which sits between ‘senior secured’ loans and ‘common equity’).

Structured credit
Structured credit

Structured credit typically involves the process of securitisation whereby debt obligations, such as loans and mortgages, are pooled and packaged into interest bearing securities marketed to institutional fixed income investors such as insurance companies and pension funds. The underlying collateral for the loans determines the type of debt, ranging from mortgage-backed securities (MBS) which are collateralised by commercial or residential real estate, through to collateralised loan obligations (CLOs) which are backed by a pool of corporate loans.

These securitised MBS and CLO structures are typically segmented into what are known as ‘tranches’, with each tranche offering investors a level of return – typically a regular coupon payment like a bond. The relative seniority of each tranche will ultimately determine the level of risk and expected return for an investor in each tranche. That is, a more senior tranche will have less risk and thus a lower expected return, while a more junior, equity like tranche will heighten the risk, with investors in these tranches therefore expecting a higher return to compensate for the potential exposure to losses.

How to access alternative investments with IOOF

Each of our multi-manager investment solutions offer varying levels of exposure to alternative investments for your clients. Our current alternative manager line up for Multimix and MultiSeries is available here.

To find out more about our alternatives program and our investment solutions, please speak with your business development manager.

Important Information: This document is issued by IOOF Investment Services Ltd (IISL) ABN 80 007 350 405, AFSL 230703, as Responsible Entity of the IOOF MultiSeries, IOOF MultiMix Trusts and MultiMix Wholesale Trusts. IISL is a company within the IOOF Group which consists of IOOF Holdings Ltd ABN 49 100 103 722 and its related bodies corporate. This document contains general advice only and does not take into account your taxation and financial circumstances, needs and objectives. Before making any investment decisions, you should assess your own circumstances or seek advice from a financial adviser. Before you acquire a financial product, you should obtain and consider the Product Disclosure Statement available from us at www.ioof.com.au, by calling 1800 002 217 or from your financial adviser. The information in this document is current as at 20 October 2021. Whilst this information is believed to be accurate and reliable at the time of publication, to the extent permitted by law, no liability is accepted for any loss or damage as a result of reliance upon it. Neither IISL nor any company in the IOOF Group guarantees the performance of any fund or the return of an investor’s capital. Examples are for illustrative purposes only and are subject to the assumptions and qualifications disclosed. Past performance is not an indicator of future performance.

View the insights from our Fixed Interest Investment team of Osvaldo Acosta and Mark Nordio on what’s happening now and how we’ve positioned fixed interest portfolios to weather the storm.

The Australian direct property portfolio (Property Plus Trust) can be accessed through our multi-manager diversified funds: IOOF MultiSeries and IOOF MultiMix.

View our Investing in Australian Direct Property flyer to learn more about the Property asset class.

Read the latest quarterly update for the IOOF MultiMix wholesale Property trusts here.

Access high-quality fund managers

Within the IOOF multi-manager portfolios, we access high-quality external fund managers through a rigorous and disciplined fund manager selection process. This includes specialist programs and expertise.

See the underlying investment manager changes for the quarter here:

Boutique managers in the early stages of growth are able to generate superior returns compared to most other competing investment managers. We seek to capture these superior returns through the IOOF boutique program.

Within our program, boutique managers in the early start-up stages are identified and thoroughly researched. If they demonstrate that they have the expertise to be successful in the future, we provide them with seed funds under management.

The Boutique Manager Portfolio is not a standalone product and its risk attributes are managed within the broader mix of managers in the IOOF MultiMix Australian Shares Trust. Due to the nature of the Boutique Manager Portfolio, there may be higher risk associated as the underlying businesses may be less established.

We are proud to be the first multi-manager to develop an alternatives program and establish both defensive and growth portfolios within our funds.

Alternative investments are investments outside mainstream funds, and offer valuable diversification benefits.

Types of alternative funds we may invest in include:

  • Private Equity/ Venue Capital
  • Hedge Funds
  • Private Debt
  • Structured Credit
  • Insurance Linked Securities
  • Real Assets

    -Real Estate

    -Infrastructure

    -Timber & Agriculture

    -Commodities

We have a solid property track record that extends past managed funds and includes direct property exposure. Our internally managed direct property portfolio targets niche mid-market investments and is relatively unique in the marketplace.

The table below lists the current fund managers who form part of the IOOF multi-manager offerings.

MultiSeries
Asset classFund managerStyle

Asset class

Cash and short-term securities

Fund manager

IOOF Investment Services Ltd

Style

Short-term money market securities

Asset class

Diversified fixed interest

Fund manager

Janus Henderson Global Investors (Australia) Funds Management Limited

Style

Active Australian fixed interest

Fund manager

Ardea Investment Management

Style

Diversified fixed income and total return Australian fixed income

Fund manager

Metrics Credit Partners Pty Limited

Style

Australian corporate loans

Fund manager

Western Asset Management Company

Style

Australian bonds and global high-grade multi-asset credit

Fund manager

Stone Harbor Investment Partners LP

Style

Emerging market debt

Fund manager

Invesco Australia Limited

Style

International core fixed income

Asset class

Property

Fund manager

IOOF Investment Services Ltd

Style

Core

Fund manager

Macquarie Investment Management Limited

Style

Passive listed Australian and global property securities

Asset class

Australian shares

Fund manager

Acadian Asset Management (Australia) Limited

Style

Small companies

Fund manager

AllianceBernstein Investment Management Australia Limited

Style

Concentrated value

Fund manager

The Northern Trust Company of Hong Kong Limited

Style

Quantitative quality and momentum

Fund manager

Yarra Funds Management Limited

Style

Style neutral

Fund manager

Invesco Australia Limited

Style

Quantitative 130/30

Fund manager

IOOF QuantPlus

Style

Enhanced passive

Fund manager

State Street Global Advisors, Australia, Limited

Style

Enhanced passive

Asset class

International shares

Fund manager

Alphinity Investment Management Pty Ltd

Style

Quality with earnings leadership

Fund manager

Brown Advisory Limited

Style

Global equities

Fund manager

TT International

Style

Emerging and developed markets

Fund manager

Challenger Limited

Style

Index plus a margin of up to 1.4%pa

Fund manager

Neuberger Berman Australia Pty Limited

Style

Emerging markets

Asset class

Alternatives

Fund manager

Invesco Australia Limited

Style

Global targeted return

Fund manager

AllianceBernstein Investment Management Australia Limited

Style

Diversified Alpha

Fund manager

Macquarie Investment Management Limited

Style

Passive listed global infrastructure

Fund manager

Metrics Credit Partners Pty Limited

Style

Secured Australian private debt, real estate debt and mezzanine debt
MultiMix
Asset classFund managerStyle

Asset class

Cash and short-term securities

Fund manager

Janus Henderson Investors (Australia) Funds Management Limited

Style

Active

Fund manager

Pendal Institutional Limited

Style

Relative value credit

Fund manager

IOOF Investment Services Ltd

Style

Short-term money market securities

Asset class

Diversified fixed interest

Fund manager

Janus Henderson Investors (Australia) Funds Management Limited

Style

Active Australian fixed interest

Fund manager

Metrics Credit Partners Pty Limited

Style

Australian corporate loans

Fund manager

Stone Harbor Investment Partners LP

Style

Emerging market debt

Fund manager

PIMCO Australia Pty Limited

Style

Global bonds

Fund manager

T.Rowe Price

Style

International core fixed income

Fund manager

Bentham Asset Management Pty Ltd

Style

Syndicated loans

Fund manager

Western Asset Management Company

Style

Australian bonds, Global Total Return and global high-grade multi-asset credit

Asset class

Property

Fund manager

Fidante Partners Limited

Style

Broad cap core

Fund manager

IOOF Investment Services Ltd

Style

Core

Fund manager

Legg Mason Martin Currie Australia Limited

Style

Small cap

Fund manager

Pendal Institutional Limited

Style

Active, value-driven, risk-controlled

Fund manager

Cohen & Steers Capital Management, Inc.

Style

Active, core, bottom-up

Fund manager

Resolution Capital Limited

Style

High conviction, benchmark – unaware

Asset class

Australian shares

Fund manager

AllianceBernstein Investment Management Australia Limited

Style

Managed volatility and concentrated value

Fund manager

Acorn Capital Limited

Style

Micro-caps, active long only

Fund manager

Invesco Australia Limited

Style

Quantitative, bottom-up, multi-factor approach

Fund manager

Quest Asset Partners Pty Limited

Style

Fundamental quality and growt

Fund manager

Vinva Investment Management Limited

Style

Quantitative

Fund manager

Legg Mason Martin Currie Australia Limited

Style

Dynamic value

Fund manager

OC Funds Management Limited

Style

Small cap and micro-cap

Fund manager

Northcape Capity Pty Ltd

Style

Quality

Fund manager

Boutique Manager Portfolio

Style

Diversified Australian shares

Fund manager

Defensive Equities Trust

Style

Defensive equities

Asset class

International shares

Fund manager

EAM Global Investors LLC

Style

Emerging markets small caps

Fund manager

Alphinity Investment Management Pty Ltd

Style

Quality with earnings leadership

Fund manager

Wellington International Management Company, Pty Ltd

Style

Growth

Fund manager

Antipodes Partners

Style

Pragmatic Value, absolute return

Fund manager

The Northern Trust Company of Hong Kong Limited

Style

Multi-factor

Fund manager

TT International

Style

Growth at reasonable price and concentrated quality

Fund manager

Thomson Horstmann & Bryant, Inc.

Style

Micro-caps

Asset class

Alternatives

Fund manager

We have a large number of underlying managers for our exposure to alternative assets. These managers are not listed separately due to the size of the list and the fact that the allocation to each manager is small.