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The Fund aims to achieve income and the potential for capital growth, net of charges, on a rolling five-year basis. The Fund’s indirect investments will include collective investment schemes (which may include those that are managed or operated by the ACD or an associate of the ACD). The Fund will invest directly or indirectly in UK and global fixed income securities, cash, near cash, money market instruments and permitted deposits in order to give exposure to a diversified portfolio of fixed interest holdings.