The fund aims to achieve capital growth and income from a portfolio of UK and international securities. The Fund will: invest anywhere in the world; follow a fully flexible asset allocation approach; – invest in company shares (i.e. equities) and similar investments; invest in bonds, issued by governments and companies, with high and low credit ratings (i.e. investment grade and/or sub-investment grade bonds as rated by Standard and Poor's or similar agencies); gain exposure to commodities (e.g. gold, agriculture), property and other alternative investments through stock exchange listed investments and/or collective investment schemes; and limit investment in other collective investment schemes to 10%