The Fund is a target date retirement fund intended for investors planning to retire between 2043 and 2047. The Fund aims to provide a return on your investment (generated through an increase in the value of assets held by the Fund and/or income from those assets) and support, from its maturity date until its termination, a regular draw down. It will incorporate the environmental, social and governance (ESG) commitments described below. The Fund intends to gain indirect exposure globally to equity securities (e.g. shares), fixed income (FI) securities (such as bonds), alternative assets (i.e. assets that are not publicly traded or otherwise not readily transferable or realisable, e.g. private equity, private debt, real estate and/or infrastructure) and (up to 10% of its assets) commodities, by investing at least 70% of its assets in other funds typically managed by BlackRock or Fidelity.
