Fund Objective

The investment objective of the Fund is to seek long-term capital growth through investment in a diversified portfolio of American securities. The investment objectives will be achieved by active asset allocation between a number of specialist US equity sub-investment advisers.

View on Past Performance

Between 1 January 2003 and 30 June 2003, as measured on a bid to bid price basis, the Trust rose by 12.4% compared to a rise of 8.6% in the sector average for North American unit trusts and a rise of 11.8% in the S&P 500 Index (Total Return).

Future Expectations

We believe our value-oriented investment philosophy should continue to generate outsized returns as we emerge from the worst bear market in recent history.

Fund Details