Instead it split the conservative vote three ways at the coalition's expense.

ECONOMIST: Australia: Back to the bad old days? | The

Assuming the expense allocation was reflective of how they would ultimatly split the money, the bottom line effect that it had could have been achieved with a well drafted partnership agreement.

FORBES: Beware Of Partnership Status Sneaking Up On Your Business Venture

The fund has a 1.62% expense ratio, and fees are split equally between subadvisor Vontobel and Virtus.

FORBES: Magazine Article