The Fund is managed with a risk targeted approach and seeks to deliver a similar risk exposure to the S&P/ASX200 Index. Despite similar risk to the S&P/ASX200 Index, the Fund is internally geared with a target underlying gross exposure of up to 200%. As a result, the Fund has the potential to receive franked dividends of up to 2x the underlying index.

The Fund targets outperformance of its benchmark, the S&P/ASX200 Franking Credit Adjusted Daily Total Return Index (Tax-Exempt), which is designed to provide a measure of after tax returns from the underlying S&P/ASX200 Index.