Fund Objective

Designed to provide an income, this diversified fund has a lower level of risk and mainly invests in fixed interest funds and some equity funds.

View on Past Performance

Equity markets were down sharply during January with Japan performing best and Continental Europe at the opposing end. Despite government bond markets performing well, corporate bonds disappointed. The fund returned -5.0%, underperforming its sector average.

Future Expectations

Given our focus on long term strategic portfolio positioning, we don't incorporate shorter term views into our portfolio positioning; this will be in the hands of the underlying funds' managers. Our portfolio has the potential to deliver strong relative returns irrespective of the prevailing market environment as we focus on a concentrated list of high conviction, high alpha specialist fund holdings blended to reduce unnecessary risk.

Fund Details