Policy

The fund’s investment guidelines are flexible and aim to provide the Investment Manager with the ability to generate positive returns irrespective of the direction of stock markets. Its constitution allows the Manager to use securities, options, derivatives and leverage, with the aim of increasing returns and/or reducing risk. To date, most positive returns have been made in listed shares. Index futures have been used for hedging at particular times. We believe that using technical analysis as a risk management tool will be a key driver in the fund’s long term success.