Majedie Tortoise A Acc
The Fund aims to maximise total return and to outperform the FTSE All-Share index over the long term (i.e. rolling 3 year periods) primarily through investment in a concentrated portfolio of UK equities and synthetic short positions.
The Fund will seek to achieve long term investment performance at a steady rate and produce less volatile returns as compared with a long-only fund. The Fund will invest primarily in equity securities of companies incorporated in the UK or with a substantial proportion of their business in the UK. The Fund may invest in equity securities of non-UK companies up to a maximum of 45% of the Fund's NAV.