BSF Systematic Glb Eq Abs Rt D2 GBP H 

The Fund seeks to achieve a positive absolute return through a combination of capital growth and income regardless of market conditions. In the context of this Fund, it seeks to provide a return for investors in any market conditions over a 5-year period (or for the duration of an entire market cycle). However, this does not mean a return over this period or over any period is guaranteed. The Fund will seek to invest at least 70% of its total assets, including long, synthetic long and synthetic short positions, in equities and equity-related securities (including derivatives) of, or giving exposure to, companies domiciled in, or exercising the predominant part of their economic activity in developed markets.