"The rating reflects a transparent, efficient and easily understood underlying asset and a capital protection overlay that is generally effective in generating performance outcomes consistent with the usually risk-averse target investor market," S&P fund analyst Rodney Lay said.
The fund is an open-ended investment that provides exposure to the performance of a portfolio of Australian shares, Share Price Index 200 Futures and cash, with the safeguard of at least about 80 per cent capital protection.
