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The investment objective of the Company is to achieve long term capital growth through an actively managed portfolio of international equity and fixed interest securities. The Investment Adviser will use a top-down approach in the construction of the portfolio with a view of investment primarily in high quality, large-cap, growth stocks. This top-down approach focuses on country, currency and sector analysis, followed by a review of individual companies. Holdings may be concentrated in a number of countries and industries with diversification achieved through individual stock selection. Country weightings may deviate significantly from the FTA World Index which has been selected as the benchmark index.