Mixed Investment 20-60% Shares

Funds in this sector are required to have a range of different investments.  The fund must have between 20% and 60% invested in company shares (equities).  At least 30% of the fund must be in fixed income investments (for example, corporate and government bonds) and/or “cash” investments.  “Cash” can include investments such as current account cash, short-term fixed income investments and certificates of deposit.

• Maximum 60% equity exposure (including convertibles)
• Minimum 20% equity exposure
• Minimum 30% fixed income and cash
• Minimum 60% investment in established market currencies (US Dollar, Sterling & Euro) of which 30% must be Sterling
• Sterling requirement includes assets hedged back to Sterling