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Name Description Fund Range Effective Date
City Financial UK Equity –U Objective and name change Old Mutual Wealth's platform 17 May 2014
Current Objectives

Aims to achieve a positive absolute return for investors through investment in UK equities. The Sub-Fund is managed against a cash Benchmark rather than any UK equity index, reflecting the aim to deliver a positive return in all stock market conditions.

New Objectives

The Fund is a fundamental equity long short strategy which aims to achieve a positive absolute return for investors over rolling twelve month periods primarily through investment in UK and global equities. The Sub-Fund is managed against a cash Benchmark, reflecting the aim to deliver a positive return in all stock market conditions. There is not actual guarantee that these returns will be achieved over the specified, or any, time period and capital is not guaranteed.

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Please note: the fund will be changing name to City Financial Absolute Equity –U