The aim of the Fund is to provide capital growth, which is profit on investments held, over the long term (at least five years). The Fund is actively managed, which means the Investment Manager decides which investments to buy or sell and when. At least 80% of the Fund will be invested directly in the shares, also known as equities, of large companies worldwide. The Investment Manager defines large companies as those with a minimum market capitalisation (the market value of a company’s shares) of $5bn at the time of initial purchase. The shares must be listed on recognised exchanges in developed markets.