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SWIP Multi-Manager UK Equity Focus Fund
On 1 July 2010 SWIP changed the manager selection process for this fund. It is now controlled in-house by the SWIP Multi-Manager team. Consequently the Fund has been restructured with several external manager replacements.
Fund objective
The Multi-Manager UK Equity Focus fund is designed to provide investors with actively managed exposure to the UK equity market. The Fund aims to add value above the total return of the FTSE All Share index primarily through active stock selection. Factors that may contribute to risk, such as style, sector or market capitalisation bias, are monitored but managers are not overly constrained.
Important Information
You should note that the value of your investment can go down as well as up and investors may not get back the full amount invested.
The Fund may have holdings which are denominated in different currencies and may be affected by movements in exchange rates. Consequently, the value of the investment may rise or fall in line with the exchange rates.
Further details of the specific risks relating to investment in a Fund can be found in the relevant Prospectus and the Key Features Document or Key Investor Information Document (KIID).