Australian Leaders Fund Limited is an investment company focusing on companies in Australia and overseas. The Company's investment objective is to deliver superior returns with reduced market risk while returning a consistent stream of fully franked dividends to shareholders. The Company may invest approximately 50% of its gross exposure in international shares. The Company's portfolio consists of its investments in a range of sectors, such as consumer services, media, retailing, food beverage and tobacco, energy, banks, diversified financials, insurance, real estate, healthcare equipment and services, pharmaceuticals biotechnology and life sciences, capital goods, commercial and professional services, transportation, software and services, materials, telecommunication services, technology hardware and equipment, semiconductors and semiconductor equipment, and utilities. Watermark Funds Management Pty Limited is the Company's investment manager.