VT North Capital Active Equity Fund

The investment objective of the fund is to achieve capital growth over the long term (5+ years). The fund will seek to achieve its objective by investing at least 80% in collective investment funds (such as OEICS, Unit Trusts and Investment Trusts) which will provide exposure to equities. The fund may also invest in equities, fixed income, money market instruments, deposits, cash and near cash. The fund will be actively managed. The funds which it will invest in will be selected based on the Investment Manager’s assessment as to wider market conditions and, which investments will best assist in achieving the fund’s objectives.