This fund falls into the growing group of target return funds; it was launched in 2016 and has just passed its three-year track record. There is a team of 30 people including economists, strategists and fund managers. Unlike some of the other funds it has been able to achieve its target return over three years. In 2018 it was flat which, compared to its competitors, was good.
The fund targets a return of a return of 5% p.a. above the BoE base rate (gross of fees). It has three risk controls covering volatility, risk and drawdown….read more