With regards to recent market movements and media headlines, we want to reassure you that we continue to actively manage and monitor your investments very closely.

As an active manager, and in recognition of elevated valuations, we have been preparing for possible volatility for some time. This includes reducing equity exposure in our funds where applicable.

As in other periods of volatility over the past ten years our 23-strong investment team is monitoring markets very closely and seeks to position the funds to minimise the drops and take advantage of market bounces.

In complex periods such as these, we believe active management and stock selection is important to navigate the best route through volatility.

Should you have any concerns please do not hesitate to contact us.