The objective of the fund is to deliver a greater total return than the Consumer Price Index (CPI) measure of inflation + 4%, after fees, over any rolling five-year period by investing with the Liquidity, Equity-type risk and Diversifiers (LED) framework. The fund seeks a level of volatility that is five-sixths of the volatility of the FTSE Developed stock market Index. To meet the objective, the fund manager will invest globally in government and corporate bonds with no restriction on their credit quality, equities, collective investment schemes and structured products. Up to 10% of the fund can be invested directly in contingent convertible bonds.