Bestinvest says
Essentially a means of providing core exposure to the UK index linked market and protecting against inflation. The UK index linked gilt market on its own can be volatile. Index linked bonds tend not to generate much income with most of the inflation protection rolled up into capital.
The fund mainly invests in government Index Linked Securities but can also invest in public and corporate Index Linked securities in the United Kingdom. The fund construction is based upon the team's economic and yield curve views, where their convictions are strong this may result in significant positions against the benchmark. The team use a proprietary government bond-pricing model, to assist in identifying stocks that offer particularly good value. The fund can invest in overseas linkers.