Investment Objective
To provide positive returns over a 3 year period, regardless of market conditions.
Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be met over a 3 year, or any other period.

Investment Policy
The Fund may, at times, invest in a relatively small number of equities, the selection of which will not be restricted either by size, industry, or geographical location of the underlying companies, although exposure is expected to be mainly (over 50% of gross exposure) to companies incorporated in Europe.

The Fund may take investment exposure to equities, fixed interest instruments, collective investment schemes (which may include those managed/operated by the ACD) cash and near cash (which includes money market instruments and deposits in any currency).

Any such exposures could be gained by direct investment or through funds or derivative instruments.

In pursuit of its investment policy, all or a substantial proportion of the Fund's assets may consist of cash, near cash, deposits, warrants and/or money market instruments.

The Fund may use derivatives and forward transactions (that is sophisticated investment instruments linked to the rise and fall of the price of other assets) for the purposes of meeting the investment objective or efficient portfolio management.

Prospectus

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

Share Classes:

The fund's valuation point is 12.00 every business day.

The latest net asset value per share is as follows:

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 argonaut@valu-trac.com or call us on: 01343 880 344 and quote the fund name.