4.1 KiB
Executable File
MANNING FAMILY SUPERANNUATION FUND
INVESTMENT STRATEGY
ESTABLISHMENT DATE: 12/02/2026
1. INVESTMENT OBJECTIVE
The objective of the Fund is to maximize member retirement benefits by achieving a long-term average return that exceeds the Consumer Price Index (CPI) by at least 4% to 5% per annum over rolling 5-10 year periods. The Trustees accept a High risk profile to achieve this growth.
2. ASSET ALLOCATION RANGES
To achieve the objective, the Fund will invest within the following ranges:
| Asset Class | Min % | Max % | Target % |
|---|---|---|---|
| Cash & Term Deposits | 0% | 100% | 10% |
| Cryptocurrency (Bitcoin) | 0% | 70% | 60% |
| Tokenized Precious Metals (Gold/Silver) | 0% | 40% | 20% |
| Australian & International Equities | 0% | 50% | 10% |
| Property / Infrastructure | 0% | 50% | 0% |
(Note: The Trustees acknowledge that market volatility may cause actual weightings to drift outside these ranges temporarily. Such drift will be addressed at the next Trustee meeting or annual review.)
3. INVESTMENT RATIONALE
A. Cryptocurrency (Bitcoin) - High Growth Allocation
The Trustees have determined to allocate the majority (approx. 60%) of the Fund to Bitcoin.
-
Rationale: The Trustees view Bitcoin as a long-term store of value ("digital gold") and a high-growth asset class that offers protection against monetary debasement.
-
Risk Mitigation:
- The Fund will hold Bitcoin primarily in cold storage/hardware wallets (self-custody) to eliminate exchange counterparty risk.
- The Trustees possess the technical expertise to manage private keys securely.
B. Tokenized Precious Metals - Inflation Hedge
The Fund will invest approximately 20% in Gold and Silver.
-
Method: The Fund may utilize tokenized assets (such as Gold Standard (AUS) and Silver Standard (AGS)) purchased via Australian exchanges (e.g., CoinSpot) and backed by physical metal (e.g., via Ainslie Wealth).
-
Rationale: This provides exposure to the stability and inflation-hedging properties of physical metals without the storage costs, insurance complexities, and illiquidity of holding physical bullion bars.
-
Risk Note: The Trustees acknowledge this introduces counterparty risk (the issuer holding the metal) and technology risk (smart contract risk), which is accepted in exchange for liquidity.
C. Equities (Stocks) - Diversified Growth
The Fund will invest approximately 10% in Australian or International equities (via platforms like Stake) to provide dividend income and capital growth distinct from the cryptocurrency market.
D. Cash - Liquidity
The Fund will maintain sufficient cash (in the CMA) to cover annual taxes, accounting fees, and statutory levies.
4. DIVERSIFICATION WARNING
The Trustees acknowledge that the Fund's heavy weighting towards Bitcoin (60%) and Precious Metals (20%) represents a concentrated portfolio. The Trustees have considered the lack of traditional diversification and accept this risk, believing that the potential for superior returns in these specific asset classes outweighs the benefits of broad diversification at this stage of the Fund’s lifecycle.
5. LIQUIDITY & CASH FLOW
The Trustees have reviewed the cash flow requirements of the Fund. As the members are in the accumulation phase and not currently drawing a pension, the Fund does not require high levels of regular liquidity. The Cash allocation is sufficient to meet running costs.
6. INSURANCE
The Trustees have considered holding Life, TPD, and Trauma insurance for members within the Fund.
-
Decision: The Trustees have decided NOT to hold insurance inside the Fund at this time.
-
Reason: Members hold adequate insurance policies outside the Fund / or have determined insurance is not cost-effective. (The Trustees will review this annually).
7. EXECUTION
SIGNED by the Trustees as being an accurate reflection of the Fund’s investment strategy.
Michael Howe Manning
Catherine Jane Manning