Macquarie Hedged Index Glb Real Est Secs

The Underlying Fund is designed to result in pre-tax returns for investors that equal the returns provided by the FTSE EPRA Nareit Developed Net Total Return Index (in AUD (unhedged)) (known as ‘True Indexing’) and seeks to achieve this by investing in shares, derivatives (including options, futures, warrants and forwards) and cash, either directly or through Underlying funds that are managed by members of the Macquarie Group (Underlying Investments) with the aim of providing exposure that closely resembles the exposure of the Index.