The Manager will seek to achieve the Fund’s investment objective by investing predominantly in Collective Investment Schemes (“CISs”) (including exchange traded funds) that invest in a broad range of assets, including without limitation, debt and equity securities. In instances, this may involve investing predominantly in CISs managed by the Manager.
Notwithstanding the foregoing time the Manager (in its absolute discretion) may invest predominantly and directly in financial instruments other than units of CISs or invest directly in a mix of financial instruments and CISs.
The Manager may, in volatile market conditions, temporarily invest up to 100% of the Fund’s total assets in cash or Money Market Instruments.
The Fund may utilise financial derivative instruments for efficient portfolio management and hedging.