The fund aims to produce investment returns within a range of between 1% and 5% of the Topix Index.

The fund invests in unit linked collective investment funds with an active management style. Depending on underlying market conditions the fund's annualised performance will track within a range of between 1% and 5% of the Topix Index measured on a rolling 3 year basis.

The fund's investment objective is to achieve capital appreciation through participation in the growth of the Japanese economy.

Investment will be based primarily on Japan's economic strengths, such as its manufacturing industry (in particular on those parts of it that are demonstrating an ability to exploit newly emerging technology) and on sectors benefiting from structural change in the economy.

Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments