Asset Adventurous Growth Fund R Acc GBP

Fund objective

The Fund seeks to provide capital growth and income over the long term (a period of at least 5 years). The Fund is classified as ‘Adventurous Growth’ or risk profile 5 in the Barclays Multi-Asset fund range (which includes Funds with risk profiles from 1 to 5). This means its overall exposure to equity securities, (shares of companies and other equity related investments), will not be less than 60% of its assets. The Fund invests at least 70% of its assets in other funds (“Second Schemes”). These can be passively managed (funds that reflect the performance of an index) or actively managed (funds whose manager uses its expertise to select investments) and can include exchange traded funds (funds listed and traded on a stock exchange). They may include funds managed by the ACD and Barclays Group (and any associates). It is intended that the Fund’s assets will be invested in Second Schemes which invest in equity securities. However the Fund may also invest in Second Schemes which invest in fixed income securities (tradeable debt that may pay interest, such as bonds) (“FI Securities”), money-market instruments (“MMIs”, bonds with short term maturities), cash, deposits, derivatives (investments whose value is linked to other investments) and alternative asset classes (such as property and commodities).The Fund may also invest up to 30% directly in those asset classes (other than alternative asset classes where direct investment is not possible).FI Securities and MMIs may be issued by companies, governments, government agencies and supranationals (e.g. International Bank for Reconstruction and Development). The Investment Manager (“IM”) may invest in the full range of FI Securities and MMIs which may include those with a low credit rating or which are unrated.It will typically maintain exposure to higher risk assets (such as emerging market equity securities) and to moderate risk assets (such as developed market equity securities). However, it will also, to a lesser extent, have exposure to lower risk assets (such as investment grade fixed income securities and MMIs). The Fund is expected to deliver a higher level of risk and return than a Fund with a risk profile below 5 in the same range over the long term (a period of at least 5 years). The IM may invest in derivatives to help achieve the Fund’s investment objective (investment purposes), and also for the purpose of efficient portfolio management. The Fund can invest in any country (including emerging markets), region, currency and sector.The Fund is actively managed. The IM has discretion to select the Fund’s assets and will not select assets by reference to an index or other benchmark. It will use its expertise to select Second Schemes which it considers will achieve the investment objective of the Fund.Income is not paid out and is rolled up (accumulated) into the value of your investment. You may buy and sell your investment on each business day.