The Fund aims to achieve a total return (the combination of income and capital growth) equal to or greater than European inflation over any three-year period. The Fund will invest at least 50% of its Net Asset Value in inflation-linked investment grade corporate bonds. Exposure may either be gained through direct holdings or synthetically by using combinations of inflation-linked government bonds and derivatives to create similar risk exposures. A minimum of 90% of the Funds Net Asset Value will be exposed directly to Euro denominated assets or non-Euro exposures which have been hedged back to Euro.