Defensive / Cautious Income
This fund aims to provide investors with a steady income over time, this fund may appeal to cautious investors who are more focused on preserving their money, rather than accepting more risk in the hope of higher returns. The portfolio manager has the flexibility to adjust the asset mix to take advantage of changing market conditions, while managing risk.
Income & Growth
This fund aims to deliver a steady income and capital growth, with the potential for the income to grow over time. It does this by investing in a relatively balanced mix of defensive assets (such as bonds and cash) and higher-growth but higher-risk asset classes (such as equities). The fund is designed for investors who are prepared to accept a higher level of risk. The portfolio manager has the flexibility to tactically adjust the asset mix within defined ranges to take advantage of changing market conditions, whilst managing risk.