The objective of the Balanced Fund is to achieve medium to long-term capital growth.

A medium risk fund which typically holds a range of equity funds, the majority of which will be UK funds, while also having exposure to fixed interest investments and their equivalents. Some exposure to international markets is also maintained. A maximum of 85% can be invested in equity markets.

This Fund is suitable for investors who are prepared to accept a moderate level of volatility. The Fund is benchmarked against the IMA Balanced Managed sector.