Investment Approach

The Fund aims to provide a return on your investment, with a moderate level of risk, through a combination of capital growth and income on the Fund’s assets.

The Fund will seek to achieve its investment objective by obtaining indirect exposure to a broad range of asset classes, which may include equity and equity-related securities, fixed income and fixed income-related securities, alternative assets, cash and near-cash instruments. Exposure to these asset classes will be achieved through investment in shares or units of a concentrated portfolio of Collective investment schemes (CIS) (which themselves invest in a diversified portfolio of assets), including but not limited to exchange traded funds and index funds managed by an affiliate of the BlackRock Group and where determined appropriate, the Fund may invest directly in derivatives and near-cash instruments.

The Fund will seek to maintain a moderate risk profile of the Fund's portfolio and will vary its underlying asset exposure in different market conditions. Given the moderate risk profile of the Fund, under normal market conditions the Fund will seek a higher exposure to equity securities, compared to a fund with a lower risk profile which would normally seek to have a higher exposure to fixed income securities.