The Fund seeks to maximise total return. The Fund invests globally at least 70% of its total assets in the equity securities of new energy companies. New energy companies are those which are engaged in alternative energy and energy technologies including: renewable energy technology; renewable energy developers; alternative fuels; energy efficiency; enabling energy and infrastructure. The Fund will not invest in companies that are engaged in the following activities (sectors as defined by Global Industry Classification Standard): coal and consumables; oil and gas exploration and production; and integrated oil and gas.