The investment objective of the Cautious Fund is to achieve long term capital growth by gaining exposure to UK equities, commercial property and fixed interest stocks. The Fund will normally operate a broadly equal weighting between the equity and non equity classes with flexibility to move to over- and under-weight positions in any asset class to meet market circumstances.The Fund generally achieves exposure to the different asset classes mainly through investment in other regulated and unregulated collective investment schemes which may include up to 100% investment in collective investment schemes managed by the ACD or its associates. The Fund may also invest in transferable securities and deposits. Derivatives may be used for the purposes of efficient portfolio management only.
Not Disclosed (Started: Nov 24, 2008)
HBOS Investment Fund Managers Limited
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15 Dalkeith Road, Edinburgh EH16 5WL