AGEST Super. Straight forward. Simple. Fair

 

How to join AGEST

Pareto

Last Updated : 29 Jan 2010
 

Pareto


Website:  www.bnymellonam.com
AGEST and Pareto

AGEST has employed Pareto to hedge some of the foreign currency exposure of the fund's international Shares, international Private Equity and international Unlisted Property portfolios.
 

Objective and Strategy

Pareto's objective is to outperform the benchmark.  The benchmark is the currency contribution to return of a passively managed 33% currency hedge applied to the MSCI World (ex Australian) Index* back to Australian dollars. 

Pareto employs its Currency Risk Management Strategy to construct an Overlay Portfolio to hedge the foreign currency exposures of the above mentioned portfolios.  The Overlay Portfolio is managed actively.

*The MSCI World (ex-Australian) Index measures the performance of major sharemarkets around the world (other than Australia), with each sharemarket's performance contributing to the index in proportion to its relative size by market capitalization.  Dividends paid by companies are included in this calculation of performance. 



Use the form below to give AGEST your feedback about the content on this page.
For general enquiries or enquiries relating to your account, click here to contact us.
 
Rate this page
  • 1
  • 2
  • 3
  • 4
  • 5
  •   « Click on a star to set your rating
Give AGEST your feedback/comments on this page.

Remaining characters: 300
Email Address
If you would like us to contact you, please include your contact details.