VT Astute Conservative Fund GBP Accumulation 

The investment objective of the Fund is to deliver total returns (comprised of income and capital growth) in line with the Consumer Prices Index over the long term (5 years) (net of fees and underlying fund charges). Capital is in fact at risk and there is no guarantee that a positive return will be achieved over a five year, or any, period. The Fund will seek to achieve its objective by investing at least 70% in a range of collective investment vehicles (including exchange traded funds, investment trusts and funds managed and/or operated by the ACD or Investment Manager) providing exposure to asset classes including equities, fixed interest investments, cash, structured products and alternative assets such as absolute return funds, property and infrastructure. Equity exposure within the portfolio is expected to be less than 50% (and typically around 25%). The Fund may also invest directly in equities, fixed income, money market instruments, deposits, cash and near cash.