The Fund aims to achieve a positive total return over a market cycle with a low to moderate correlation to traditional financial market indices.
The Fund seeks to achieve its objective via exposure to equities debt and commodities (excluding agricultural commodities). The Fund will utilise a strategic and tactical asset allocation to assets that are expected to perform differently across the three stages of the market cycle, namely recession, non-inflationary growth and inflationary growth. The Fund will not hold debt securities with a credit rating of below B- by Standard and Poor’s rating agency, or equivalent (or in the case of unrated debt securities, determined to be of an equivalent rating). The Fund may also invest in cash, cash equivalents, Money Market Instruments, equity related securities and any other Transferable Securities across the investment universe.