The investment objective of the Fund is to achieve capital growth over the medium to long term (5 years and over) with the potential for also providing income. The Fund will typically invest around 80% (although this may fluctuate between 75% and 85% due to market movements) of its portfolio in a range of actively-managed OEICS, Unit Trusts, and other collective investment vehicles (including exchange-traded funds, and which may include funds managed and/or operated by the ACD or Investment Adviser) with the potential for some direct equity investment, together providing exposure to a globally-diversified range of equities. The funds held in this part of the Fund's portfolio will be managed by a carefully selected range of active fund managers.