Your lump sum is used to buy units in our Distribution Fund. The following information may contain terminology you are not familiar with. Please contact your financial adviser if you need an explanation of the terms used.
The fund aims to provide long term growth from a combination of income and capital growth by investing in a diversified portfolio of predominantly Sterling denominated assets. These assets can include equities, bonds, property, cash deposits and money market instruments. The fund is actively managed by our investment team who will select assets to try to take advantage of opportunities they have identified.
This fund provides the facility to take a distribution which is declared twice a year.
The value of investments within the fund can fall as well as rise and is not guaranteed. You may get back less than you pay in.
The fund may use derivatives for the purposes of efficient portfolio management, reduction of risk or to meet its investment objective if this is permitted and appropriate.
The Sterling value of overseas assets held in the fund may rise and fall as a result of exchange rate fluctuations.
