The Investment objective of the Sub-fund is to provide income with the potential for capital growth over any 8 year period. The Sub-fund has a performance target of providing 110% of the average of the income generated by the IA UK Direct Property Sector. The Sub-fund is actively managed and therefore the investment manager decides which investments to buy or sell, and when. Over any 5 year period the Sub-fund will on average hold a minimum of 70% directly in UK commercial immovable property.