Our investment approach is based on one team working together for the benefit of the portfolio as a whole. We call this our ‘one team, one purpose’ philosophy.
Our team collectively channels its best ideas, irrespective of asset class, up to the total portfolio to achieve the investment objective of each fund.
We invest across public and private markets in the broad categories shown in the table on the following page. Across each category we develop an investment strategy for each fund that is consistent with its investment objectives and our approach to total portfolio construction, which is discussed further in the following pages.
For the Future Fund and the Medical Research Future Fund, we construct highly diversified portfolios that are as robust as possible to a range of plausible scenarios.
The DisabilityCare Australia Fund and the Nation-building Funds have shorter-term investment horizons. The assets of these funds are invested in a combination of short- and medium-term debt instruments.
The Aboriginal and Torres Strait Islander Land and Sea Future Fund was established in February 2019. The Fund is in a transition phase as we develop a long-term investment strategy. At 30 June 2019 the assets of the Fund were invested in a combination of cash and short-term deposit instruments.