The Fund aims to provide a combination of income and long-term capital appreciation by investing in fixed income and equity securities, primarily through other collective investment schemes. The Fund is actively managed and not benchmarked to an index.
Fund Exposure
The Fund is exposed to a diversified portfolio composed of approximately 20% equity securities and 80% fixed income securities. It invests in UCITS Target Funds, including sub-funds of Vanguard Funds plc, to gain exposure to a wide range of countries, asset classes, and sectors, including shares, bonds, and money market instruments. The Fund may also use derivatives to reduce risk or generate extra income.
Risks
Investors should be aware that the use of derivatives in the Fund could increase or reduce exposure to underlying assets, leading to greater fluctuations in the Fund's net asset value. Additionally, portfolio transaction costs will impact performance, and the Fund is more suitable for long-term investments.