The primary objective of the fund is to provide superior capital growth over the medium to long term within a balanced mandate, utilising AI. The fund aims to achieve a return of at least 5% above CPI per annum, measured over rolling 5 - year periods. The fund aims to limit downside risk over the medium to long term, but investors must be aware that there might be capital volatility in the short term.

The Glacier AI Balanced Fund is a new fund, effective from 01 December 2021