The aim of the Fund is to provide a return on your investment (generated through an increase to the value of the assets held by the Fund and/or income received from those assets). In order to achieve its investment objective, the Fund will invest at least 80% of its total assets in equities (i.e. shares) of companies including preference shares and convertibles issued by companies across all economic sectors located in, or exercising a significant part of their economic activity in, the United Kingdom. A convertible is a fixed income security (such as a bond) which can be exchanged for shares on or before maturity. Preference shares are shares which give their holders an entitlement to a fixed dividend but which do not usually carry voting rights. The Fund has the flexibility to invest up to 20% of its total assets outside of these parameters, including in other countries in the European Union.