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Water is fast becoming the earth's key resource. Water availability may determine both global economic development and the future quality of human life.
The KBC Global Water Fund invests in the "blue gold" theme. Investing in the water industry involves buying the shares of companies involved in areas such as the treatment of waste water, through to companies that make pipes, pumps and valves. The water industry also includes environmental controls such as metering and new technology such as desalination (taking salt from sea water).
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Fund: Open-ended unit trust
Minimum investment: $10,000
Liquidity: Daily
Distributions: 6 monthly (net income and capital gains will be distributed at end of June and December with a reinvestment option available)
Issuer: Liontamer Investments Ltd, an Australian fund manager, which is part of the KBC Group
Key features of the KBC Global Water Fund:
- Expertise of KBC Asset Management: KBC Asset Management is a world renowned manager of water funds, with approximately $2 billion in water mandates under management. They have a seven year history of managing this asset class and are one of the early pioneers of the water theme. KBC have one of the best track records in the world, consistently outperforming other well-known international water funds.
- Investment objective: This fund has the objective of generating returns which outperform the MSCI World index on a rolling 3 year basis. The fund has outperformed by 6.85% p.a. in the five year period to 31 December 2007 (source: Datastream, net of fees and expenses, with dividends reinvested).
- Portfolio: The fund invests in a diversified portfolio of around 60 stocks, with a split of 20% large cap and 80% small cap companies. There is exposure to defensive, cyclical and secular stocks. Returns and risks are actively managed and monitored each day.
- Socially Responsible Investments (SRI): All stocks are taken through an SRI screen prior to investments being made. This is to ensure each company has sustainable policies in place.
Further Information
For further detail on the KBC Global Water Fund, please refer to the Fund Fact Sheet
We have attached a Product Disclosure Statement for the offer. Investors should obtain and consider the Product Disclosure Statement for the offer of investments in the Trust before deciding whether the investment is appropriate for them and whether to acquire units in the Trust.
Our Financial Services Guide is also attached. This sets out NAB’s role and the fees it will receive in respect of the proposed offering. You should read the FSG in conjunction with the other information contained on this page.
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