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The investment objective of the Fund is to provide capital growth and risk in line with global equity markets. The Fund will invest primarily in transferable securities which are listed or traded on Recognized Markets (whether located in emerging markets or not), including securities issued or guaranteed by any government(s), their agencies, instrumentalities, and political sub-divisions; supranational entities of EU or OECD Member States and corporations and their subsidiaries. The Fund may also invest in high quality U.S. or non-U.S. money market instruments listed or traded on the Recognised Markets listed including U.S. treasury obligations, commercial paper, bankers’ acceptances money market funds, time deposits, master demand notes, variable rate demand notes, short-term funding agreements and repurchase and reverse repurchase agreements as determined by the Portfolio Manager.
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