The investment objective of the Fund is to provide income and capital growth over the medium term (3-5 years).

The Fund aims to achieve its objective by investing at least 80% in collective investment funds (which may include those managed and/or operated by the ACD) which provide exposure to a diversified portfolio of investments, including equities, bonds and alternative assets (such as commodities, property and infrastructure). It is expected that the exposure to equities will typically be between 50% and 85%.

The Fund may also invest directly in equities, fixed income, money market instruments, deposits, cash and near cash.

Derivatives (that is sophisticated investments linked to the rise and fall of one or more underlying assets) may be used for efficient portfolio management purposes (although derivative use is expected to be limited).

The Fund has no particular emphasis on any geographical areas or any industrial or economic sector.

In constructing the portfolio an assessment of the overall risk on a scale of 0 (ultra-cautious) to 10 (very risky) is undertaken. On this scale, the Fund is expected to be 6 given a preference towards higher risk assets such as equities as compared with lower risk assets such as cash and fixed income.

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

The latest net asset value per share is as follows:

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

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