Fund Objective

To provide long term capital growth together with income.

View on Past Performance

There have been no significant portfolio changes in the past month.Equities remain overweight through above benchmark weightings in the UK,Europe and Asia more than offsetting the US underweighting.In general,we are favouring larger capitalisation and quality growth.We have used cash flows to maintain our target weightings;there were no new purchases or complete sales in September.Fund performance was well above the IMA Balanced Managed sector average in September.The Asia and Europe overweightings were positive.Manager selection was also strong within these regions.

Fund Details