anyone invested here, page-75

Yes. Personally I am not a fan. Basically all it does is take the top 14 stocks from the ASX50 with the highest dividends (subject to a minimum yield threshold) and cap exposure per stock at 9%. The portfolio is rebalanced every 2 months. If they cannot find enough stocks to meet the 14 required, they 'backfill' with exposure to the ASX200 via the SPDR STW ETF. They also apply a target vol overlay by selling SPI200 futures if the market brakes through set volatility targets. The theory is to protect against downside volatility.

So the upshot is that they can end up with very concentrated portfolio's from time to time (from a managed funds standpoint). I am not a fan of this. I grant that it's more diversified than a single stock approach, but I'm not a fan, particularly given the concentration of the ASX50 in banks/financials and miners. Also, the volatility overlay being run by Miliman has not been sufficiently live tested IMO. I lack faith in their ability execute and operate this convincingly.

While HVST technically fulfils the requirement as a 'dividend' generator, often this is at the expense of capital. When looking at the total return since inception (growth + divs), HVST has markedly underperformed the ASX200. If you are in pension phase (i.e. zero tax environment), youy would have been better off to take STW or VAS and draw some capital growth as income. The following shows total return vs the ASX200 sonce inception as measured as the growth of $10,000.

Upshot - better pickings elsewhere IMO.