The Fund aims to generate income and provides the opportunity for capital growth. To achieve the investment objective the Fund invests globally in equities, bonds, warrants, money market instruments, deposits and cash or near cash. The Fund may invest more than 35% of scheme property in government and public securities issued by a single issuer.
The Fund may also invest in alternative assets, including but not limited to real estate, listed infrastructure, insurance linked securities, mortgage linked securities and REITs. Exposure to these assets may be achieved by investing in other collective investment schemes. Where the Fund invests in collective investment schemes such schemes may be managed by the Investment Manager or its affiliates. The Fund may also invest in non-UBS affiliated schemes. There are no geographical restrictions on the countries of investment.
The Fund may use a range of derivatives instruments including foreign exchange, forward and futures contracts, swaps and options and other derivatives for investment purposes.