Fund Objective

To provide a higher income with some potential for long - term capital growth through investment primarily in equities and fixed interest securities while a proportion of the Fund may have exposure to property. Investment exposure will usually be obtained through collective investment schemes operated by other fund managers.

View on Past Performance

Our strategy remained focused on providing investors with a decent level of income whilst retaining the potential for long-term capital growth through a portfolio investing in collective investment schemes. In addition to diversification across fund management groups the Fund is well diversified across asset classes.

Future Expectations

Within equities we continue to tilt our exposure up the cap scale - large cap biased Threadneedle UK Equity Alpha Income is a core holding. Volatility remains a key characteristic of markets and we are encouraged by the ongoing contribution made by BlackRock UK Absolute Alpha in dampening overall volatility and generating positive returns against a backdrop of falling equity markets.Within fixed income we continue to favour investment grade credit and look to ensure our overall exposure is balanced across sectors, especially given the heavy financials bias across many fixed income portfolios. The recent introduction of M&G Strategic Bond was prompted by its light representation among financials and impressive track record. Within property we continue to allocate inflows towards instruments tracking the IPD index in an effort to limit exposure to more sentiment driven moves.

Fund Details