World Balanced
Investment Objective:
The objective of the sub-fund is to achieve capital growth and generate income by investing in a diversified selection of assets. Exposure to the different asset classes is variable, liable to change over time and reflects the strategic allocation of the investment committee.
Investment Philosophy:
The sub-fund uses only authorised instruments, especially bonds, money market instruments, equities, funds, ETFs and financial derivatives. Derivatives are used for the purposes of good management of the portfolio as well as for hedging purposes.
The sub-fund may also invest in currencies and, indirectly, in commodities, precious metals and property, for the purposes of good management of the portfolio.
The sub-fund is actively managed taking a dynamic approach of variable allocation among diverse asset classes.
The investment currencies are not necessarily identical to the sub-fund’s benchmark currency. The resulting foreign exchange exposure is not systematically hedged, but will be managed actively by the Fund Manager.
The sub-fund is actively managed in an environment of rigorous risk control.
Investment Horizon: 3-5 years