Investment Objective
The Fund aims to provide positive investment returns over rolling 12 month periods in any market conditions. There is no guarantee that positive investment returns will be achieved over this period or any time period, and your capital is in fact at risk.
Reference Index
ICE 1 Month GBP Libor
Latest Meeting Note
Conference Call 26 Feb 2016
The fund’s performance was strong for 2015 as it returned 11.8% with a volatility of 8.5%. The managers have continued to show their ability to deliver good returns across both declining and rising market and perform ahead of their retur... Read more
The fund’s performance was strong for 2015 as it returned 11.8% with a volatility of 8.5%. The managers have continued to show their ability to deliver good returns across both declining and rising market and perform ahead of their return target. Going forward the fund managers remain cautious for 2016 and have dampened the fund’s volatility. Current themes in the portfolio include European recovery, China transitioning, EM rebalancing, supply-side weakness, Japan recovery.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.5 | 0.2 | 0.9 | 0.1 | 0.7 | 0.8 | 0.1 | 0.8 | 0.8 | 1.0 | 0.9 | 0.4 | 0.5 | |
| 2021 | 0.7 | 0.4 | 0.3 | 0.7 | 0.5 | 0.9 | 0.7 | 0.6 | 0.7 | 0.5 | 0.9 | 0.4 | 0.2 |
