Active Gilt Plus
Benchmark: For example: FTSE Actuaries UK Conventional Gilts All Stock Index (or Long Gilt or Index-Linked Gilt Benchmark)
Objective: +1.5% p.a. over rolling three year periods vs benchmark

Active Index Linked Gilt Plus
Benchmark: For example: FTSE Actuaries UK Conventional Gilts All Stock Index (or Long Gilt or Index-Linked Gilt Benchmark)
Objective: +1.5% p.a. over rolling three year periods vs benchmark

Active Long Gilt Plus
Benchmark: FTSE Actuaries UK Conventional Gilts All Stock Index (or Long Gilt or Index-Linked Gilt Benchmark)
Objective: +1.5% p.a. over rolling three year periods vs benchmark

Benchmark: JP Morgan GBI-EM Global Diversified (un-hedged)
Objective: +1% p.a. over rolling three-year periods vs benchmark

Typical Number of Holdings: 60-80
Benchmark: Barclays Global Credit Index
Objective: +2% p.a. over benchmark over rolling five-year periods

Typical Number of Holdings: 50-90
Maximum Stock Position: 3% relative, capped at 5% absolute
Benchmark: ICE Bank of America Merrill Lynch European Currency Constrained Index (HPC0)
Objective: +1% p.a. over benchmark over rolling three-year periods

Investment Grade Bond
Typical Number of Holdings: 50-90
Benchmark: ICE Bank of America Merrill Lynch Sterling Non Gilt Index
Objective: +0.75% p.a. over benchmark over rolling three-year periods

Investment Grade Long Bond
Typical Number of Holdings: 50-90
Benchmark: ICE Bank of America Merrill Lynch Sterling Non Gilt over 10 years Index
Objective: +0.75% p.a. over benchmark over rolling three-year periods

Benchmark: 50% ICE Bank of America Merrill Lynch non Gilt Index, 50% FT-Actuaries All Stock Index
Objective: +1.5% p.a. over rolling three-year periods

Benchmark: 70% ICE Bank of America Merrill Lynch non Gilts, 30% ICE Bank of America Merrill Lynch European Currency High Yield Constrained Index
Objective: +1% p.a. over rolling three-year periods