Description

The fund aims to generate substantial long-term capital growth and a consistent income stream. To achieve these objectives, it typically commits a minimum of 80% of its total assets (including any capital acquired through borrowing for investment purposes) to equity instruments, such as common stocks, issued by companies with a medium market capitalization. A considerable portion of its holdings consists of securities that the managers anticipate will produce income, most notably through dividend payments. The investment team follows a value-oriented strategy, focusing on businesses whose shares they believe are attractively valued and possess strong fundamental characteristics.