A flexible asset allocation fund formed under the Collective Investment Schemes Control Act, 2002. The investment style is asset allocation, with a bias towards equities (which is the manager’s core area of expertise). The fund’s mandate is to invest in an appropriate combination of securities including listed equities, listed bonds, listed property and cash. The investment objective is to generate returns in excess of inflation over the medium to long term, whilst placing a premium on protecting investor capital. The fund was started in July 2010.