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To achieve long-term growth of capital through investment in some or all sectors in some or all European markets (including the UK), but with power to invest not more than 20% of the assets of the scheme in other world markets.
The emphasis is on larger Continental companies, many of which are leaders in their field, though the Manager will, from time to time, invest in smaller companies not in the benchmark index. There are no unquoted investments. The Fund is run on an active money basis and the Manager’s style tends to favour growth over value.