Fund Objective

To achieve a balance between income and growth.

View on Past Performance

A broad range of consumer and industrial cyclicals has been added to the investmetn list. The trust is actively underweight in Banks , Telecoms, Pharmaceuticals and Oils and overweight in /transport, General Retail and Construction.

Future Expectations

As ever though, stock selection will be the key and the manager will continue to focud on companies with modest valuations relative to their growth prospects and no immediate change in strategy isenvisaged with the investment style favouring continued recovery in the global economy.

Fund Details