TM Castlefield Thoughtful Cautious Portfolio Fund

The objective of the Fund is to deliver a total return—a combination of income and capital growth—consistent with a cautious risk profile, over rolling five-year periods. The portfolio typically holds 20–60% in equities and 40–60% in fixed income, with the remainder in other assets. Exposure is achieved through a mix of direct investments and Collective Investment Vehicles (CIVs), with the latter making up between 40% and 80% of the Fund. Investments are selected in accordance with the Investment Adviser’s Thoughtful Investor® approach.