To provide income combined with prospects for capital growth over the long term. It looks to provide an income yield higher than the an index that is an average of share prices of all companies on the London Stock Exchange over rolling 3-year periods, after the deduction of charges. It invests at least 90% of its assets in the shares of companies listed on the London Stock Exchange; predominantly companies domiciled in the UK, or which have significant UK business operations. It may also invest in other securities (including fixed interest securities), collective investment schemes, money market instruments, deposits, cash and near cash.