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Investment Strategy

The objective of the Fund is to provide total returns comprised of capital growth and income over the long-term, being five years or more. The Investment Adviser aims to achieve the Fund’s objective from a globally diversified portfolio of investments covering different asset classes (in developed and up to 30% in less developed countries), including bonds (such as those issued by government and companies (including higher quality investment grade and lower quality subinvestment grade bonds)), equities (company shares), property (including Real Estate Investment Trusts (“REITs”)), alternative investments (which may include commodities), money market instruments, deposits, near cash and cash.