The objective of the Sub-Fund is to provide income and capital security.
The Sub-Fund will primarily invest in open-ended UCITS and non-UCITS collective investment schemes that will pursue a range of investment strategies as more fully set out below. Each of the schemes will be assessed by the Portfolio Manager against such benchmarks and/or other performance criteria as are selected by the Portfolio Manager as being appropriate to the investment policy of the scheme. The Portfolio Manager will select schemes for investment based on its opinion of their ability to generate “Alpha” against these selected benchmarks and/or other performance criteria.
The Sub-Fund may also invest in REITS and closed ended collective investment schemes. Such ancillary investment will not exceed in aggregate 10% of the net assets of the Sub-Fund. The Sub-Fund may also utilize investment in financial derivative instruments to achieve an exposure to equity and bond markets.