The investment objective of the Fund is to provide a return of 6.5% (after deduction of fees) over the medium to long term (5-10 years) whilst being manged in accordance with Distribution Technology's 'Risk Level 5' (on a scale of 1 (lower risk) to 10 (very high risk)). The Fund will seek to achieve its objective by investing at least 80% in active and passive (that is those investments which aim to track the performance of various financial indices) collective investment schemes (including funds managed and/or operated by the ACD) and exchange traded funds through which is will gain exposure to investments including equities, fixed income, alternatives and cash. At least 30% of exposure will be to lower risk assets such as cash, alternatives such as absolute return strategies and fixed income.