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Overview
The Martin Currie Australia Diversified Income strategy is specifically designed for retirees seeking an asset allocation for a growing income stream.
We have put the ‘sufficient income for life’ needs of clients at the heart of the product design for the Martin Currie Australia Diversified Income strategy.
The Martin Currie Australia Diversified Income strategy brings together Martin Currie Australia's deep understanding of the income needs of retirees, and a 40+ year pedigree in asset allocation and managing balanced funds. Martin Currie Australia have been on the forefront of designing retirement income products, having established the Equity Income and Real Income strategies in 2010, Diversified Income in 2014, and Ethical Income in 2015.
We have found that even today, the industry is still not focused on how to really protect Australian retirees from the risk of impaired living standards. As such, our multi-asset portfolio looks very different to both traditional balanced funds and other income-focused approaches.
Combining a strong mix of fundamental research skills, quantitative analysis experience and market expertise, the innovative strategy seeks to optimally allocate assets across a range of Australian equities, listed real assets (REITs, utilities, infrastructure), fixed income and cash strategies.
Each asset class and strategy is underpinned by a specific investment rationale, which, when combined, seeks to provide the key attributes of what we like to call a ‘sufficient income for life’.
We believe that there are few peer strategies available in the market that address income in the way that the Martin Currie Australia Diversified Income strategy can.
Key Information
To provide an after-tax total return of CPI +4% and to provide income stream growth above inflation. The strategy also aims to provide a total return and annual income greater than that of the Composite Benchmark.
Portfolio characteristics | Australia Diversified Income |
---|---|
Objective | Income |
Asset Class | Multi-asset |
Style | Income / Quality |
Investable Universe | Australian listed equities, listed real assets, fixed income and cash |
Benchmark | Composite Benchmark* |
Inception | 30 May 2014 |
*Benchmark Outline:
- 30%: S&P/ASX 200 Accumulation Index
- 30%: 50% S&P/ASX A-REIT
- 30% Index / 50% S&P/ASX Infrastructure Index
- 30%: Bloomberg AusBond Composite Bond Index
- 10%: Bloomberg AusBond Bank Bill Index
-
We believe that a retirement income strategy and asset mix should be very different to a typical balanced fund strategy for people in the accumulation phase of their investments.
Why Invest in Australia Diversified Income
Not all equities are created equal for income.
We have put the ‘sufficient income for life’ needs of clients at the heart of the product design for the Martin Currie Australia Diversified Income strategy
Focus on a growing income stream
Each strategy within the asset allocation is underpinned by specific investment rationale – liquidity, low risk, high yield and a steadily growing income stream above Australian inflation
More appropriate risk profile for income investors
Protecting Australian retirees from the risk of impaired living standards is a much more important than benchmark relative alpha and tracking-error risk measures
Investment Strategy
The strategy aims to deliver a growing income stream through:
- A ‘sufficient income for life’ focus – Innovative blend of lower-risk growth assets specifically designed to maximise a growing after-tax income stream for 0% tax-payers
- A unique line-up of fund managers - Martin Currie Australia selects dedicated, experienced investment managers for each asset class
- Capturing forward-looking proprietary insights – Martin Currie Australia's unique set of fundamental and quantitative signals into expected income and the current investment landscape
- Optimal asset allocation and systematic portfolio construction - Timely allocation to asset classes that are more attractive on a forward yield basis
Read more about how the Martin Currie Australia Diversified Income strategy seeks to provide a ‘sufficient income for life’ in the Strategy Guide.

Investment Strategy
The strategy aims to deliver a growing income stream through:
- A ‘sufficient income for life’ focus – Innovative blend of lower-risk growth assets specifically designed to maximise a growing after-tax income stream for 0% tax-payers
- A unique line-up of fund managers - Martin Currie Australia selects dedicated, experienced investment managers for each asset class
- Capturing forward-looking proprietary insights – Martin Currie Australia's unique set of fundamental and quantitative signals into expected income and the current investment landscape
- Optimal asset allocation and systematic portfolio construction - Timely allocation to asset classes that are more attractive on a forward yield basis


Reece Birtles
- Job title
- Chief Investment Officer, Australia
- Experience
- 31 years

Will Baylis
- Job title
- Portfolio Manager
- Experience
- 38 years
OUR CAPABILITIES
Available Funds
We offer access to the strategy via segregated accounts and separately managed accounts.
Through our parent company, Franklin Templeton, investors are offered access to the below fund.

Martin Currie Diversified Income Fund
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Ross Kent
Investment Client Portfolio Manager
T: +61 (0)3 9017 8629
M: +61 (0)455 253 384
E: rkent@martincurrie.com.au
Felicity Walsh
Managing Director, Australia and New Zealand
M: +61 (0) 429 209 566
E: Felicity.Walsh@franklintempleton.com
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Ross Kent
Investment Client Portfolio Manager
T: +61 (0)3 9017 8629
M: +61 (0)455 253 384
E: rkent@martincurrie.com.au
Felicity Walsh
Managing Director, Australia and New Zealand
M: +61 (0) 429 209 566
E: Felicity.Walsh@franklintempleton.com
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Mel Bucher
Head of Global Distribution
T: +44 (0) 131 479 4748
M: +44 (0) 758 414 7720
E: mbucher@martincurrie.com
Danni Yang, CFA®
Investment Client Portfolio Manger, Global Long-Term Unconstrained
M: +44 (0) 7826548065
E: dyang@martincurrie.com
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Mel Bucher
Head of Global Distribution
T: +44 (0) 131 479 4748
M: +44 (0) 758 414 7720
E: mbucher@martincurrie.com
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Mel Bucher
Head of Global Distribution
T: +44 (0) 131 479 4748
M: +44 (0) 758 414 7720
E: mbucher@martincurrie.com
Mark Elliott
Head of UK Business Development
M: +44 (0) 207 0738 569
E: melliott@martincurrie.com
Tim Baker, CFA®
Associate Client Portfolio Manager
M: +44 (0) 7795238754
E: tbaker@martincurrie.com
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Mark Cho, CFA®
Head of Americas Distribution
Intermediary Sales/Wealth Management
T: +1 212 632 3292
E: mcho@martincurrie.com
Breanna Ellsworth, CFA®
Client Portfolio Manager, Distribution - US
T: +1 212 632 3293
E: bellsworth@martincurrie.com
Drew Comatos
Client Portfolio Manager, North America
Intermediary Sales/Wealth Management
T: +1 203 703 6472
E: dcomatos@martincurrie.com
Related Insights
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Martin Currie Australia strengthens team
Martin Currie Australia has bolstered its distribution team with the appointment of a new Client Portfolio Manager.
- Date published
- 29 Nov 2022
- Tag
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Martin Currie wins ‘Lonsec Sustainable Fund of the Year Award’
Leading investment research house Lonsec has named the Martin Currie Ethical Income Fund as the 2022 Sustainable Fund of the Year
- Date published
- 8 Nov 2022
- Tag
- Cross-Strategy Australia
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Martin Currie crowned Australia’s Best Specialist ESG Fund for 2022
Martin Currie Australia is proud to be announced winner of Australia’s “Best Specialist ESG Fund” at the Hedge Funds Rock + Australian Alternative Investment Awards for the Sustainable Equity Fund distributed through Franklin Templeton Australia.
- Date published
- 5 Oct 2022
- Tag
- Cross-Strategy Australia
Important information:
This information is issued and approved by Martin Currie Investment Management Limited (‘MCIM’), authorised and regulated by the Financial Conduct Authority. It does not constitute investment advice. Market and currency movements may cause the capital value of shares, and the income from them, to fall as well as rise and you may get back less than you invested.
The information contained in this document has been compiled with considerable care to ensure its accuracy. However, no representation or warranty, express or implied, is made to its accuracy or completeness. Martin Currie has procured any research or analysis contained in this document for its own use. It is provided to you only incidentally and any opinions expressed are subject to change without notice.
The document does not form the basis of, nor should it be relied upon in connection with, any subsequent contract or agreement. It does not constitute, and may not be used for the purpose of, an offer or invitation to subscribe for or otherwise acquire shares in any of the products mentioned.
Past performance is not a guide to future returns.
The distribution of specific products is restricted in certain jurisdictions, investors should be aware of these restrictions before requesting further specific information.
The views expressed are opinions of the portfolio managers as of the date of this document and are subject to change based on market and other conditions and may differ from other portfolio managers or of the firm as a whole. These opinions are not intended to be a forecast of future events, research, a guarantee of future results or investment advice.
Risk warnings – Investors should also be aware of the following risk factors which may be applicable to the strategy shown in this document.
- Investing in foreign markets introduces a risk where adverse movements in currency exchange rates could result in a decrease in the value of your investment.
- This strategy may hold a limited number of investments. If one of these investments falls in value this can have a greater impact on the strategy’s value than if it held a larger number of investments.
- Smaller companies may be riskier and their shares may be less liquid than larger companies, meaning that their share price may be more volatile.
- Income strategy charges are deducted from capital. Because of this, the level of income may be higher but the growth potential of the capital value of the investment may be reduced.