The Sub-fund is intended to provide capital growth and to provide a total return after fees that at least meets the rate of inflation, measured by the UK Consumer Price Index (CPI), over any five year period. The Sub-fund will be actively managed in a range of investments that when combined aim to provide a real return, whilst providing capital growth over the objective timeframe. The manager will use their expertise to select investments, rather than tracking a stock exchange or index, to take advantage of changing worldwide economic conditions. A minimum of 70% of the portfolio will be invested in collective investment schemes which provide exposure to a range of economic sectors and geographic areas, across a wide range of assets. Normally, the fund will hold at least 80% invested in collective investment schemes, unless the Manager considers that a period of instability exists which presents unusual risks.