Waverton Charity Growth & Income Fund

Objective: The fund aims to deliver a total return (the combination of income and capital growth) equal to the Consumer Price Index plus 3% per annum net of fees over rolling six year periods.

Policy Overview: The fund adopts a multi-asset approach with a long-term focus investing in equities, bonds and alternative asset classes. The portfolio of between 35 to 70 holdings will have both UK and global exposure with no particular emphasis on any industry, market or geographic sector.

The fund is structured as a Charity Authorised Investment Fund (CAIF), as such it is regulated by both the Financial Conduct Authority and the Charity Commission providing investors with a high level of oversight.

The Waverton Charity Growth & Income Fund is an FCA authorised non-UCITs Unit Trust. Therefore, currently, only charities in England & Wales may invest in it.