Highlights
- Offers two portfolios; one for growth, the other for income
- Both invest in a diversified portfolio of closed-ended listed companies
- Achieves a wide spread of risk through investment in a wide spread of geographic regions and sectors
- Dividends are only paid on the income shares and are paid four times a year
- Any net income arising in the growth portfolio is transferred to the income portfolio in exchange for a capital contribution of an identical amount from the income portfolio. It is expected that this will both benefit the income prospects of the income shares and the capital growth prospects of the growth shares.
Aim Income Portfolio The objective for the Income Portfolio is to provide investors with an attractive level of income, with the potential for income and capital growth, from a diversified portfolio of Investment Companies. The Income Portfolio holds a portfolio of Investment Companies which focus on delivering an income yield above that of the FTSE All-Share Index. The Income Portfolio is diversified through holding at least 25 investments. Each underlying investment provides further diversification through holding a significant number of underlying investments. The benchmark index for the Income Portfolio is the FTSE All-Share Index. Growth Portfolio The objective for the Growth Portfolio is to provide investors with capital growth from a diversified portfolio of Investment Companies. The focus for the Portfolio is to maximise total returns, principally through capital growth. The Manager will acquire higher yielding Investment Companies if he believes such companies will offer superior total returns, although it is not expected that such Investment Companies will form a significant part of the Growth Portfolio. The Growth Portfolio is diversified through holding at least 25 investments. Each underlying investment provides further diversification through holding a significant number of underlying investments. The benchmark index for the Growth Portfolio is the FTSE All-Share Index. | 
