ACTIVETactical Multi-Asset · Managed Account

Tactical Income

3.9% p.a. pre-fees
since inception3

Fund profile

Number of stocks
60-120
Objective
CPI + 2.5%
Management
Active
Hedging
Optional6

Suggested minimums1

Initial investment
$5,000
Additional deposits
$1
Time invested
3 years +

Fees· % p.a.

Investment fee
0.64%
Indirect cost ratio2
0.00%
Performance fee
None
Admin fee4
Varies by platform

Asset allocation · vs range, %

Bonds 49
Cash 5
Cash & Bonds 54
International 25
Australian 21
Total shares 46
CurrentStrategicRange

Investor suitability

Investors who have a very low risk tolerance and a short to medium investment horizon with an income focus for returns.

Risk level

Low - Medium. Negative return 1 year in every 20 years. 20% lower than benchmark fund since inception.

Platforms available on

Praemium, DASH, Interactive Brokers.

Investment objective

This is a conservative asset allocation strategy aiming to generate returns 2.5% above Australian inflation over rolling 3-year periods. It is designed for conservative investors looking to maintain a higher level of income and takes minor tactical tilts to different asset classes based on valuation.

Returns to Jun 2026 · % (p.a. 1y+)

1m1y3y5yIncept.
Pre fees 1.64.46.23.23.9
Post investment fees 1.63.85.52.63.2
Similar Funds
Vanguard Diversified Conservative 1.05.36.52.53.8
CPI + 2.5% 0.26.45.46.75.7

Cumulative return · growth of $10,000

Tactical IncomeVanguard Diversified ConservativeCPI + 2.5%
$12,000$14,000$16,000 Jul 17Jul 19Jul 21Jul 23Jul 25Jun 26

Investment strategy

The Nucleus Tactical Income Model invests in a combination of Australian and International equities but is heavily weighted towards cash and fixed interest. The portfolio takes minor tactical tilts to different asset classes based on valuation. Stocks are chosen with a value and quality bias. All positions are currently implemented through physical investments. Rebalancing is considered at least monthly by the asset allocation committee. The committee often takes a longer term view on assets and will choose to gradually build positions with dividends/excess capital rather than actively trading wherever possible.