• The Fund has a policy to invest in the investment units of foreign equity funds. The destination fund has a policy to invest in equities globally, or sometimes may have exposure specifically to some countries or regions.The Fund will invest in the investment units of 2 or more funds in order to have a net exposure, average in an accounting period not less than 80% of the Fund’s NAV. The investment ratio in each fund, averaged in an accounting period shall not be more than 79% of the Fund’s NAV. The proportion of investment in each fund shall be as per the discretion of the Fund Managers which may be adjusted depending on the current financial markets and investment outlook at any given time. The Fund will invest offshore, average in an accounting period, more than 80% of the Fund’s NAV.
• The Fund may invest in derivatives for efficient portfolio management or for hedging purposes depending on the discretion of the Fund Managers.
• Investment strategy : Active Management