Acorn Life Managed

The Acorn Life Managed Fund generally invests in a spread of assets, including equities, fixed income assets, property-related assets and deposit-type assets. It normally holds less in equities and more in fixed income assets than the Acorn Life Managed Growth Fund. The fund aims to keep the portfolio diversified so that returns are not dependent on any one market or sector.

The Acorn Life Managed Fund is potentially suitable for investors who want a broad spread of investments and are willing to accept a medium to low level of risk. It is designed for people seeking the prospect of a higher expected medium to long-term return than deposits or fixed income assets alone. The fund is intended for a medium to long-term horizon of at least 7 years.

The Acorn Life Managed Fund seeks to add value through both asset allocation and stock selection. That means it aims to decide not only which types of assets to hold, but also which individual investments to buy within those asset classes. It is managed by HSBC Global Asset Management (UK) Limited on behalf of the fund.

The Acorn Life Managed Fund is classified as a medium-low risk fund and is exposed to market risk and currency risk. Market risk means the value can rise or fall because of movements in financial markets, while currency risk means overseas investments can be affected by exchange-rate changes. The fund also reduces risk by spreading investments across different sectors and geographic regions.