SIF – Specialised Investment Fund
Specialised Investment Funds (SIFs) provide access to differentiated investment strategies designed for investors seeking more specialised portfolio approaches beyond traditional mutual fund strategies. With professionally managed strategies and a defined investment framework, SIFs can complement a well-diversified portfolio.
What is a Specialised Investment Fund?
A Specialised Investment Fund, commonly known as SIF, is a regulated investment structure within the mutual fund framework that provides access to specialised investment strategies. These strategies may use more differentiated approaches to portfolio construction, asset allocation and risk management than conventional mutual fund categories.
Depending on the investment strategy, SIFs may provide exposure to equity-oriented or hybrid strategies and may use techniques such as long-short investing, tactical asset allocation, sector rotation and other specialised portfolio approaches.
SIFs are intended for investors who understand market fluctuations and are looking for sophisticated investment approaches that can complement their existing portfolio. The suitability of a particular strategy depends on the investor’s financial objectives, investment horizon and risk profile.
SIF Investment Strategies
Equity Long-Short
Strategies that may combine long positions in selected equities with limited short exposure through permitted derivative instruments, aiming to participate in market opportunities while managing portfolio exposure.
Equity Ex-Top 100 Long-Short
Specialised equity strategies focused on companies outside the top 100 segment, with permitted long-short techniques designed to seek opportunities across a broader universe of listed companies.
Sector Rotation
Strategies that seek to dynamically allocate across sectors based on market conditions, economic trends and portfolio opportunities while following the defined investment mandate.
Hybrid Long-Short
A specialised approach that can combine equity and other permitted asset exposures with long-short techniques to create a differentiated portfolio structure.
Active Asset Allocation
Strategies focused on dynamically adjusting portfolio allocation across asset classes according to market conditions, opportunities and the strategy’s investment framework.
Specialised Portfolio Strategies
Carefully structured investment approaches designed to provide investors with differentiated portfolio construction and risk-management techniques.
What Makes SIF Different?
Specialised Approach
SIF strategies are designed around defined investment mandates and may employ more specialised portfolio construction techniques.
Active Portfolio Management
Investment decisions are managed within the strategy framework with the objective of responding to changing market opportunities and conditions.
Diversification Potential
Selected SIF strategies can complement traditional equity and debt investments and may add another layer of diversification to an investor’s overall portfolio.
Defined Investment Mandate
Each investment strategy operates according to its stated investment objective, asset allocation approach, risk framework and regulatory requirements.
Who May Consider SIF?
SIFs may be considered by investors who have a higher tolerance for market fluctuations and are comfortable with specialised investment strategies and associated risks.
They may be suitable for investors who already have a diversified portfolio and are looking to explore additional strategies within the regulated mutual fund framework.
Since different SIF strategies can have materially different risk characteristics, investors should evaluate the specific investment strategy, objectives, risk factors, liquidity provisions and applicable investment requirements before investing.
How We Help You Evaluate SIF Opportunities
Understand Your Goals
We begin by understanding your financial objectives, investment horizon, existing portfolio and expectations before considering a specialised investment strategy.
Assess Risk Profile
We evaluate your ability and willingness to take risk so that specialised strategies are considered only where they are appropriate for your overall financial plan.
Compare Strategies
Different SIF strategies can follow very different approaches. We help you understand the strategy objective, portfolio construction and key risks before investing.
Portfolio Integration
Where suitable, a SIF investment can be evaluated as part of your broader portfolio rather than as a standalone investment decision.
Important Considerations Before Investing in SIF
Specialised strategies can involve higher complexity and different risk characteristics compared with conventional mutual fund strategies. The use of derivatives, long-short techniques, tactical allocation or other specialised approaches can affect portfolio performance and risk.
Investors should carefully review the applicable investment strategy information document, risk disclosures, investment objective, portfolio approach, liquidity provisions, costs and other applicable terms before making an investment decision.
The minimum investment requirements and other conditions may differ depending on the applicable SIF framework and investment strategy. Investors should verify the current terms applicable to the specific strategy before investing.
Specialised Strategies. Thoughtful Guidance.
Investor-Centric Guidance
Our approach begins with understanding the investor rather than simply selecting an investment product.
Research-Based Evaluation
We help evaluate specialised strategies based on their objectives, approach, portfolio characteristics and risks.
Portfolio Perspective
We consider how a specialised investment may fit within your existing portfolio and broader financial objectives.
Looking for a More Specialised Investment Approach?
Speak with our investment team to understand whether a Specialised Investment Fund strategy is appropriate for your financial goals, risk profile and existing portfolio.
Talk to an Investment Expert