This fund is a simple old fashioned managed fund. It will not appeal to everyone but in this update, we will outline where it might work. This is a globally diversified fund with a 35% weighting to the UK and an equity bias. The fund will normally have a 75/85% equity exposure and 15/25% in cash or fixed interest.
For those looking for global exposure with reduced risk then this fund might appeal. Over three years the volatility is about 25% less than a global fund. So, although the returns might be lower than a global fund it is likely to provide protection on the downside….(read more)