The fund is targeted at investors who believe in the twin drivers of medium term rising inflation and long-term secular development of the emerging world, yet appreciate that the timing of allocation to specific sectors is hard to predict with any accuracy. The fund also aims to deliver superior returns at all points of the economic cycle.
The fund invests primarily in equity securities of companies across the world that provide exposure to commodities, property, industrials, utilities, energy, materials and infrastructure. The manager is free to select any company regardless of size, industry or location and will concentrate its investment in a more limited number of companies and therefore the resulting portfolio will be less diversified. The fund manager will typically hold between 40 and 60 stocks and the fund is run aggressively with a focus on alpha generation.
Past performance is no guarantee of future returns. The value of the fund can go down as well as up so you may get back less than you invested. You may get back more or less than this as a result of currency fluctuations.