it does NOT hug the ASX top 20.
where do you get that idea from.
latest monthly report shows top 5 stocks are :
-CBA
-Crown Resorts
-Suncorp
-Unibail - Westfield
-Iluka resources
also holding 12.5 % in international stocks ( able to hold up to 25% ) and 15% in cash ( able to hold up to 25% ).
the fund specifically stated in the PDS " it is expected to have a mid cap bias "
it is not a ASX20 index hugger, otherwise I wouldn't have bothered buying into the IPO
Deep Discount, page-3
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