The investment objective of the Fund is to provide consistent positive total returns of c. 6-9% per annum (net of fees) over a three year business cycle. Capital is in fact at risk and there is no guarantee that a positive return will be achieved over a three year, or any, period.
The Fund will seek to achieve its objective by using active systematic rules to invest almost exclusively (90% +) in a portfolio of high yielding fixed income collective investment schemes (CIS) (which may include funds managed and/or operated by the ACD) selected from a global market place.
It is expected that CIS which the Fund will invest will be very large (>$1 billion) high yield fixed income funds. To reduce potential volatility from currency exposures the Fund may invest (where available) in hedged share classes in a CIS which will mean currency exposures are hedged back to sterling.
If, in the opinion of the Investment Manager, market conditions deteriorate and become uncertain the Fund's asset allocation may be tactically adjusted to increase the exposure to a range of money market and short dated bond CIS funds. If the conditions deteriorate even further, exposure may be made up to 30% into longer dated sovereign CIS funds.
The Fund may also invest in transferable securities, fixed income, money market instruments, deposits, cash and near cash.
The Fund will be actively managed.
Save as noted above, the Fund will not have any particular geographic, industry or economic sector focus and as such weightings in these may vary as required.
Prospectus
| Key Investor Information |
Class S |
| (please click on the relevant share class on the right) |
Class I |
Application Form
Financial Statements
Assessment of value statements are published annually for this fund - These reports are useful to give an overview of how the Fund has performed in comparison to industry comparators.
TCFD Reports
The latest net asset value per share is as follows:
| Class S (Accumulation) |
124p |
| Class I (Accumulation) |
145p |
| |
| |
| Net Asset Value as at 12:00 on 20th November 2024. |
Past performance is not necessarily an indication of future results
Questions and Queries
For frequently asked questions or further information about your holdings or this fund please:
Email the Fund Team aifunds@valu-trac.com or call us on: 01343 880 344 and quote the fund name. |
