The Fund seeks to provide capital growth and income over the long term (a period of at least 5 years). The Fund invests at least 70% of its assets in fixed income securities (tradeable debt that may pay interest, such as bonds) that are: • denominated in Sterling; • issued by companies and non-government related issuers, domiciled or having significant operations in the UK or in a country of the Organisation for Economic Co-operation and Development, or by governments, government agencies and supranationals (e.g. International Bank for Reconstruction and Development) of the UK or a country of the Organisation for Economic Co-operation and Development; and • investment grade (which means they meet a certain level of credit worthiness or credit rating by a credit rating agency, for example BBB- or higher by Standard & Poors, or are un-rated but deemed to be of comparable quality).