To provide capital growth over any 7 year period. The Sub-fund will invest at least 70% of the portfolio in UK companies (being companies which are incorporated, domiciled or have the predominant part of their business in the UK) with no particular emphasis on any industrial, economic sector or level of capitalisation by delegating authority for all or part of the portfolio to sub-delegated managers. The Sub-fund will hold a concentrated portfolio of between 25 and 50 Securities, unless the prevailing circumstances lead the manager to believe that a higher number of holdings would be beneficial for a short period of time, which would not be expected to be more than twelve months.