Pyrford Global Total Return (Sterling) W EUR Hdg

The Fund aims to provide a stable stream of returns that beats the rate of inflation over the long term while at the same time minimising volatility and aiming to protect investors from losses as compared to the market. The Fund is actively managed and aims to achieve a return similar to or better than the UK Retail Price Index (RPI) (the "Benchmark"). The Fund is not constrained by this Benchmark. The Fund invests in high quality fixed interest debt issued by governments and equities (shares) of companies that, at the time of purchase, have a minimum stock market worth of US$500 million. The Fund can invest worldwide, however it places particular emphasis on North America, Europe (including the UK) and the Asia Pacific Region (including Japan). The Fund will have significant exposure to pound sterling-denominated assets. The Fund may invest up to 20% of its assets in the global emerging markets and up to 25% of its assets in cash. Forward foreign exchange transactions may be used to reduce the risk of adverse market changes in exchange rates. For temporary defensive purposes, the Fund may invest, without limitation, in money market instruments. The Fund may invest in other types of eligible investments, as disclosed in the prospectus for the Fund. The Fund is actively managed. The majority of issuers in the Fund are likely to be represented in the benchmark because the Investment Manager uses it as a basis for portfolio construction, but has some discretion to deviate from its composition and risk characteristics within indicative risk parameters. The Fund will resemble the composition and risk characteristics of its benchmark; however, the Investment Manager's discretion may result in performance that differs from the benchmark. Shares of the Fund may be redeemed on demand, with dealing normally on a daily basis.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No