The Fund aims to provide capital growth over the long term.
Performance target: To outperform the FTSE World Europe ex UK Index, after the deduction of charges, over any 5 year period.
The Fund invests at least 80% of its assets in shares (equities) and equity-related securities of companies, in any industry, in Europe (excluding UK). Companies will be located, listed or do most of their business in this region. The Fund will normally have a strong bias towards medium sized companies.
The Fund may also invest in other assets including companies outside this region, cash and money market instruments.
The investment manager may use derivatives (complex financial instruments) to reduce risk or to manage the Fund more efficiently.
The Fund is actively managed with reference to the FTSE World Europe ex UK Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund’s performance target and the level above which performance fees may be charged (if applicable). The investment manager has discretion to choose investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index.
This website is for promotional purposes and does not qualify as an investment recommendation.