The screen focuses on five-year historical financial data inputs, including dividend yield, cash flow, sales, book value and sales-to-earnings dispersion.
The resulting portfolio is low turnover, focuses on financial quality and has a value bias.
"We believe this new structure will offer our clients consistency and sustainability of performance and service to meet all market conditions," Austock managing director Alan Sheen said.
The fund outperformed the S&P/ASX 300 by 0.84 per cent for the 12 months to December 2008 and by 3.99 per cent a year since inception in 2004.
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The fund did not have any exposure to Allco, ABC Learning Centres, MFS or Babcock & Brown.
