The investment objective of the Fund is to seek to achieve long term investment growth. To achieve its objective, the Fund invests in a diversified portfolio of financial contracts (derivatives) that provide a return linked to the performance of certain share indices, tradeable debt (bonds), interest rates and currencies. The use of derivatives also allows the Fund to benefit from the decline in the value of such assets (short positions). The Fund also invests in products known as "structured financial instruments", a form of investment that provides a return linked to the performance of certain commodity markets. The Fund"s investments are determined according to a systematic trend-following strategy developed by Winton Capital Management Limited following a process that is based on statistical analysis of historical data. The Fund is actively managed which means that the Investment Manager is actively making investment decisions for the Fund. The Fund is not managed in reference to a benchmark