Description

The objective of the investment policy is to achieve a positive mid- to long-term investment performance through exposure to a balanced and diversified portfolio compromised primarily of ETFs linked to equities, fixed income and/or commodities. Invested assets are selected with the primary aim of creating a total return strategy which seeks to benefit from capital appreciation and income generated by the exposures of the invested assets, while limiting volatility Invested assets include ETFs issued by Xtrackers, Xtrackers (IE) plc or Xtrackers II, and from time to time may also include transferable securities, money market instruments or other collective investment schemes The weighting of the ETFs that have equities as an asset class can be between 15% and 30% The weighting of the ETFs that have fixed income as an asset class can be between 60% and 85% The weighting of the ETFs that have commodities as an asset class can be up to 10% Asset selection is scheduled on a quarterly basis and at such other times as the investment manager may in its discretion determine