The investment objective of the Fund is to generate income and capital growth over the medium to long term (at least 5 years).

The Fund will seek to achieve its objectives by investing at least 80% in collective investment funds (such as OEICS, exchange traded funds and Investment Trusts, and which may include funds managed and/or operated by the ACD or Investment Manager) which will provide exposure to a diversified portfolio but with a majority (more than 50%) towards exposure (indirectly) to lower risk assets such as fixed interest investments (such as bonds, which may be government or corporate and vary in terms of investment grade credit ratings, including sub-investment grade to a limited extent) and less emphasis on exposure to higher risk assets such as equities (and to an even lesser extent, alternatives such as property, infrastructure and commodities). It is expected that the exposure to higher risk assets such as equities will be less than 50% (and typically around 20%).

The Fund may also invest directly in equities, bonds (investment grade and sub-investment grade), money market instruments, cash, near cash and deposits. The Fund may use derivatives for the purposes of efficient portfolio management.

Foreign currency exposure through non-UK investments and particularly overseas bonds may be hedged back into £-Sterling.

The Fund will not have any particular geographic, industry or economic sector focus and as such weightings in these may vary as required.

The Fund is actively managed.

Prospectus

Key Investor Information

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:

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