Magnus International Allocation FI

This fund’s exposure to equities will be between 30% and 75%, with no limits in terms of capitalisation, currencies, sectors or countries, apart from for those considered to be emerging economies, in which no more than 20% of the funds may be invested. The rest of the exposure will be to fixed income and will have no limits in terms of duration, countries or type of issuer.

Fixed income includes demand deposits, deposits maturing in less than one year and unquoted but liquid money market instruments, with no limits vis-a-vis credit ratings.