Equity funds
Risk warning
These CFB Funds are designed for long term investors. While we hope that unit prices will rise, prices can and do fall. They are not suitable for you if you cannot accept the possibility of capital losses.
UK Equity Fund
Investment objective
Over rolling five year periods, to achieve mainly through a portfolio of UK equities, a total return equal to or in excess of the UK equity market.
Investment parameters
(reviewed annually)
| UK equities | 95-100% |
| Cash | 0-5% |
| Total expense ratio | 0.25% |
| Dealing surcharge | 0.30% of unit value |
Summary of investments and other assets
as at 28 February 2011
| 1 Equities | 98.4% |
| 2 Cash | 1.6% |
Dealing dates
1st, 11th, 21st of month
Overseas Fund
Investment objective
Over rolling five year periods, to achieve mainly through a portfolio of overseas equities and inflation linked securities, a total return equal to or in excess of non-UK equity markets.
Investment parameters
(reviewed semi-annually)
| Overseas equities | 90-100% |
| - N America | (40.2-60.2)% |
| - Europe (ex UK) | (11.0-31.0)% |
| - Japan | (4.0-14.0)% |
| - Pacific (ex Japan) & Emerging Markets | (9.5-19.5)% |
| - Latin America, Middle East, Africa | (2.3-8.3)% |
| Inflation Linked Securities | 0-5% |
| Cash | 0-5% |
| Total expense ratio | 0.68% |
| Dealing surcharge | 0.15% of unit value |
Summary of investments and other assets
as at 28 February 2011
| 1 North America | 53.2% |
| 2 Europe | 17.4% |
| 3 Japan | 9.9% |
| 4 Pacific Basin ex-Japan | 12.8% |
| 5 Emerging Markets | 5.5% |
| 6 Cash | 1.2% |
Dealing dates
1st, 11th, 21st of month