Investments  

DFMs have a 'difficult job' when it comes to understanding black swan events

"We also think that if investors know what to expect from an investment, both on the upside and the downside, they are more likely to stay patient through inevitable downturns, which will then enable to remain invested when the inevitable upturn happens."

Currently the fund's top 10 positions are gilts, with an overall portfolio allocation of 49.5 per cent in equities. Of the fixed income/cash component of the fund, more than 92 per cent is in gilts or cash.

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