The investment objective of the Fund is to focus on achieving capital growth and also to provide income consistent with this primary objective over the long term. Long term means over a minimum investment horizon of five years. The Investment Adviser expects to invest more than 50% in collective investment schemes with exposure typically between 40 – 85% in equities, and between 5 – 25% within fixed income securities. The Fund may also invest in transferable securities such as shares and bonds (both quoted and unquoted), money market instruments, deposits, warrants, cash and near cash.