Accorn BCI International Fund of Funds (C) - WMICC fund information

The primary objective of the Accorn BCI International Fund of Funds aims to provide investors with a moderate total return over the long term by providing them with exposure to a diversified portfolio of global asset classes and exposure to various currencies.
The portfolio will apart from assets in liquid form, invest solely in the participatory interests of the Accorn International Managed Fund. The Accorn International Managed Fund will invest in a diversified range of participatory interest in collective investment vehicles investing in equity security, fixed income instruments, property shares, property related securities, non-equity securities and money market instruments.
Nothing in the Supplemental Deed shall preclude the manager and the underlying manager from varying the ratios of securities or assets in liquid form in a changing economic environment or market conditions, or to meet the requirements in terms of legislation and from retaining cash or placing cash on deposit in terms of the Deed and the Supplemental Deed.
The trustee shall ensure that the investment policy, as set out above, is adhered to, provided that nothing contained in the investment policy shall preclude the manager from varying the proportions of the aforementioned securities and assets in liquid form, or the assets themselves, should changing economic factors or market conditions demand.
For the purpose of this portfolio, the manager shall reserve the right to close the portfolio to new investors on a date determined by the manager. This will be done in order to be able to manage the portfolio in accordance with its mandate. The manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the manager.
The manager has the right to close the portfolio to new investors, in order to manage it more efficiently, in accordance with its mandate.