The target return strategy market is crowded; some have new track records some a little longer. This fund was launched in 2012 and targets a gross return (before charges) of libor plus 5% over a five-year period. It also aims to keep volatility below equities. They see the key benefits of the approach as providing attractive long-term growth, being less susceptible to equity downturns, not excessively reliant on market timing and transparency.
Over 5 years and since launch it has achieved its stated target return. The way they have achieved this and why they believe they are different is by using three buckets of return opportunities. Equity driven, diversifying assets (for example, property, emerging market debt, infrastructure, alternative finance etc) and low return (for example gold, government bonds etc)….read more