Fund Objective

To provide long term captial growth and income

View on Past Performance

The Fund underperformed its benchmark although fared creditably against its IMAA peer group.A lack of exposure to the mining sector lay behind the underperformance relative to the benchmark.The rate cut,by boosting the outlook for global economic activity,saw money flowing into commodities.The fact they are viewed as a hedge against rising prices provided a further explanation for the rally.

Fund Details