The fund was launched in 2012 and is managed independently of a benchmark. This concentrated strategy invests only in the least volatile businesses that can offer greater resilience than the broader equities market.
High conviction portfolio of 25-30 businesses which are likely to prove more resilient across the cycle
A focus on value opportunities amongst non-cyclical companies, targeting parts of the market that have temporarily fallen out of favour
Investing in companies with high sustainable returns on capital with the aim of delivering CPI +6%