Bestinvest says
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The Fund seeks to meet the needs of investors who are equally concerned with
generating absolute returns (i.e. relative to cash) as with generating relative returns (i.e.
relative to stock market indices). This focus is reflected in the Fund’s Investment
Benchmark, which is constituted 50% by the Risk Free Rate of Return in a basket of
currencies and 50% by the FT/S&P Actuaries World Total Return Index. The Fund’s
investment objective is to exceed the returns of this Investment Benchmark without
exceeding its volatility.