This fund aims to deliver returns in line with equities over the long-term, but with much lower risk – in fact, more in line with that seen in bonds. Also aims to deliver positive return year on year regardless of market movements.
The Fund invests in a wide range of assets and can adjust the proportion of the fund invested in each of these different asset classes in order to achieve its objectives, taking account of the market conditions. For example, the fund manager has the flexibility to focus on equity funds when stock markets are rising, but when equity markets are looking overvalued or have started to decline, the fund can move into other assets, including cash, bonds, overseas property, commodities, private equity and absolute return funds.
The fund managers have the flexibility to adjust the asset allocation mix within agreed limits and within a predefined risk budget, enabling them to respond to specific market conditions and the unique opportunities and risks they present.
We don’t guarantee these benefits and please remember that the value of any investments may go down as well as up.
The derivative techniques used in this fund have the overall intention of reducing the volatility of returns. However, investing in derivatives may involve a higher degree of risk so the outcome can’t be guaranteed.