Investment Objective
The fund aims to deliver a positive return over rolling three year periods regardless of the prevailing stock market environment. The Fund aims to generate a positive return, on average 5% per annum above the Bank of England Base Rate before the deduction of charges, over rolling three year periods. In seeking to target this level of return the Fund also aims to manage volatility to a target of less than half the volatility of global equities, measured over the same rolling three year periods.
Reference Index
LIBOR +5%
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.7 | 0.1 | 0.4 | 0.9 | 0.8 | 0.2 | 0.9 | 0.9 | 0.6 | 0.4 | 0.4 | 0.3 | 0.1 | |
| 2023 | 0.4 | 0.5 | 0.6 | 1.0 | 0.2 | 0.3 | 0.9 | 0.3 | 0.7 | 0.2 | 0.7 | 0.3 | 0.8 |
