Managed
Managed Equity Fund
Investment objective
Over rolling five year periods, to achieve through holdings in the CFB UK Equity and Overseas funds a total return equal to or in excess of a composite index measuring the constituent asset classes.
Investment parameters
(reviewed annually)
| UK Equity Fund | 80-90% |
| Overseas Fund | 10-20% |
| Dilution levy | 0.30% of unit value |
Dealing dates
1st, 11th, 21st of month
Summary of investments and other assets
as at 29 February 2012
| 1 UK Equity Fund | 84.6% |
| 2 Overseas Fund | 15.4% |
Managed Fixed Interest Fund
Investment objective
Over rolling five year periods, to achieve through holdings in the CFB Gilt, Corporate Bond and Short Fixed Interest funds a total return equal to or in excess of the UK Government fixed interest market.
Investment parameters
(reviewed annually)
| CFB Gilt Fund | 30-50% |
| Corporate Bond Fund | 5-15% |
| Short Fixed Interest Fund | 40-60% |
| Modified duration | 5.1-8.1 years |
| Dilution levy | 0.10% of unit value |
Dealing dates
1st, 11th, 21st of month
Summary of investments and other assets
as at 29 February 2012
| 1 Gilt Fund | 37.4% |
| 2 Corporate Bond Fund | 13.1% |
| 3 Short Fixed Interest Fund | 49.5% |
Modified duration of fund 6.3 years
Managed Mixed Fund
Investment objective
Over rolling five year periods, to achieve through holdings in the CFB UK Equity, Overseas, Gilt, Corporate Bond, Short Fixed Interest, Inflation Linked and Property funds a total return equal to or in excess of a composite index measuring the constituent asset classes.
Investment parameters
(reviewed annually)
| Equities and Inflation Linked Securities | 60-80% |
| - UK Equity Fund | (50-70)% |
| - Overseas Fund | (5-15)% |
| - Inflation Linked Fund | (0-5)% |
| Fixed Interest Securities | 15-35% |
| - Gilt Fund | (10-20)% |
| - Corporate Bond Fund | (0-5)% |
| - Short Fixed Interest Fund | (5-15)% |
| Property Fund | 0-10% |
| Dilution levy | 0.35% of unit value |
Dealing dates
1st, 11th, 21st of month
Summary of investments and other assets
as at 29 February 2012
| 1 UK Equity Fund | 62.0% |
| 2 Overseas Fund | 11.1% |
| 3 Gilt Fund | 10.5% |
| 4 Corporate Bond Fund | 2.5% |
| 5 Short Fixed Interest Fund | 8.2% |
| 6 Property Fund | 5.7% |
Risk Warning
CFB Funds are designed for long term investors. While we hope that unit values will rise, prices can and do fall. They are not suitable for you to use if you cannot accept the possibility of capital losses