The fund aims to achieve above inflation returns at low risk. The fund will target a return of 2% to 4% ahead of headline CPI after tax on a three-year rolling basis. The fund may invest in listed property, as this forms part of overall equity exposure. Equity exposure will be limited to a maximum of 75% of the value of the Portfolio, and there is no minimum exposure for equities. Derivatives may be used in accordance with collective investment scheme regulations.