The Sub-Fund aims to provide income together with long term capital growth (5 years or more). The Sub-Fund targets a dividend yield in excess of the yield of the FTSE All-Share Index on an annual basis as at the SubFund’s financial year end. There is no guarantee that the Sub-Fund will achieve its objective over this, or any other, period. The Sub-Fund is actively managed and invests at least 80% of the portfolio in the shares of UK listed equity (company shares). The Sub-Fund may also invest in other transferable securities, collective investment schemes (including but not limited to another Sub-Fund or Sub-Funds of the Company), cash and near cash, deposits and money market instruments. The Sub-Fund may invest up to 10% of its assets in collective investment schemes, including those which are managed or operated by the ACD or an associate of the ACD.