A Great British pound denominated fund that seeks to generate capital growth over the medium to long-term. The Fund will invest in an actively managed and diversified portfolio of equity, fixed income, absolute return, property, alternative and commodity investments at various parts of the economic cycle.

Investment Objectives

The fund seeks to track a composite index (before annual fund charge and tax), comprising 70% MSCI World (net dividends) (LCT) and 30% Bloomberg Barclays Global Aggregate Bond Index (GBP hedged).

Investment Managers

The table below sets out the target asset allocation. The underlying investment fund for the Fund is the TAM Growth Fund.

For more information you can access the Funds Statement of Investment Objectives and Policy (SIPO).

Asset Class

Benchmark asset allocation

Operating ranges

Benchmark Index

Cash and cash equivalents

0%

 0% to 15%

Not applicable

International fixed interest

30%

0% to 50%

Bloomberg Barclays Global Aggregate Bond Index (GBP hedged)

International equities

70%

50% to 85%

MSCI World (net dividends) (LCT)

Other

0%

0% to 15%

Not applicable

Total assets                                                    100%

  
Fund Performance

Please find below the latest performance figures for the GBP Growth Active Fund as at 30 November 2019.  The returns are after and fees and taxes:

 

PIR Tax Rate

Month

Quarter

6-months

12-months

Inception

28%

0.72%

-2.23%

2.26%

n/a

0.49%

0%

0.89%

-1.50%

3.73%

n/a

2.27%

* GBP Growth Active Fund was established on 9 April 2019

 

The chart below illustrates the performance of £100,000 invested in the GBP Growth Active Fund from inception on 14 February 2019 to 30 November 2019. The chart shows cumulative investment performance after fees, and tax (at 28%):