The Fund aims to generate a growing level of income over the medium term through investment in a range of global assets. The Fund also aims to provide capital growth over the long term.
The manager adopts a flexible approach to the allocation of capital between asset classes in response to changes in economic conditions and the valuation of assets. As a result, at any one time the portfolio may be diversified across asset classes, sectors, currencies and countries or, at the investment manager’s discretion, may be more focussed. Market risk will be managed through active asset allocation.