The objective of the Fund is to increase the value of the Fund (capital appreciation) over the long term. The Fund intends to achieve this objective through investment in a portfolio of high-quality, long-term growth companies. The Fund will invest at least two-thirds of its assets in shares and preferred shares issued by companies that have their headquarters in, or principally carry out their activities in any European country with the exception of the United Kingdom or which are guaranteed by anyEuropean government with the exception of the United Kingdom government.
While the Fund will primarily invest in shares and other securities related to shares, it may invest in investment grade debt securities, such as government bonds issued or guaranteed by the government of any European country with the exception of the United Kingdom, where it is deemed in the best interest of the investors. The Fund may invest in other sub-funds of Comgest Growth plc.