Objectives and Investment Policy
The Fund aims to provide a balance between capital growth and income through an exposure to equities of up to 80%.
At least 80%, and potentially 100%, of the Fund’s investments will be indirect through other funds. The other funds may be actively managed or may be passively managed (that is funds which track or are closely linked to the performance of an index) although it is not expected that more than 20% will be invested in passive funds at any one time.
Through its investments in these funds, the Fund will have a high exposure to equities. No more than 80% of the portfolio will be invested in company shares either directly or through equity funds whilst the remainder will be split between funds which seek exposure to bonds, cash and alternative investments (such as properties, commodities and infrastructure).
The Fund may also invest directly in equity like instruments (which may include shares in investment trusts and REITS), bonds, money market instruments, depositary receipts and cash.
Bonds are like loans that pay a fixed or variable rate of interest issued by governments, companies and other large organisations worldwide. They can be investment grade (meet a certain level of credit rating by a credit rating agency) or they may be unrated (and hence more likely to fail than investment grade bonds).
The Fund intends to invest at least 35% into funds managed by the ACD or sponsored by Brewin Dolphin Limited.
The Fund may also make use of derivatives, which are sophisticated instruments whose value is linked to the rise and fall of other assets.
The Fund can use derivatives for the purposes of hedging and efficient portfolio management, with the aim of managing risk and cost.
You can buy and sell shares on any business day in London.
Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within 5 years.
For full investment objectives and policy details please refer to the Prospectus.
Share classes
