Acadian Defensive Income-Class A

The strategy adopts an active approach to managing a portfolio of money market and fixed income securities along with stocks listed on the ASX. Most assets will invest in short duration, high quality money market securities. The fund seeks to enhance returns by taking long and short positions in securities generally listed on the ASX. Acadian will dynamically manage the long/short component, with the net exposure close to 0%. The long/short structure aims to minimise equity risk whilst benefiting from franking credits and Acadian's models.