The Australia Governance Masters Index Fund [see]. Corporate governance is a set of policies that defines the relationship between stakeholders, management, and the board of directors of a company and influence how that company operates. The Australian Governance Masters Index Fund Limited invests only in the best governed top Australian companies within the S&P/ASX 100 Index, as ranked by the Company’s corporate governance analysis and third party research. The Company pursues an index style of investing with an active corporate governance bias and will hold securities of 75 to 85 Australian entities within the S&P/ASX 100 at any time.
Annual management fee: 0.49%. The Company believes that boards and management that show relatively high levels of corporate governance tend to outperform relatively poorly governed companies over the long term. See the performance of the fund. It's up 7.6% from the start of the year (vs. +4.1% for the benchmark S&P/ASX 200. Not bad!
[QUESTIONS: TYPE OF PRODUCT? / DESCRIBE TARGET SEGMENT ]
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