To achieve capital growth over any five-year period, after all costs and charges have been taken. To invest at least 60% of its assets in the shares of small and medium sized companies, including Real Estate Investment Trusts (REITs), that: are incorporated or domiciled in the European Union (excluding the United Kingdom), Iceland, Norway and Switzerland; and are listed or traded on a stock exchange in the European Union (excluding the United Kingdom), Iceland, Norway and Switzerland; and have a maximum market capitalisation of €20 billion.