The objective of this Sub-fund is to achieve a positive expected return in excess of the performance of the FTSE All-Share Index and achieve long-term capital growth through a selection of stock which offer attractive dividend yield with sustainable growth in dividend payments in addition to capital appreciation.
Investments shall be issued by European issuers. The Sub-fund invests at least 75% of its net assets in listed equity securities issued by UK companies. For the purposes of the Sub-fund, UK companies are companies listed or incorporated in the UK. The Sub-fund may also invest in other transferable securities, money market instruments, deposits. It may also invest on an ancillary basis in equity-linked securities such as, but not limited to, debt securities convertible into common shares, preference shares and warrants on transferable securities as well as in shares or units of UCITS, UCIs and ETFs.