The investment policy of the fund is to outperform the MSCI World High Dividend Yield Index by primarily investing in high dividend yielding global equities. The fund will seek to achieve the objective by using a proprietary active investment strategy. This strategy will apply a fundamentally driven and bottom-up research process to identify shares considered to be trading at a discount to the assessed intrinsic value of the company and the price of its equity security. The fund seeks to construct a balanced global portfolio of 30-40 securities which has the potential to provide excess returns and outperform the Index.