Diversified | Broad solution, based on a well-established process, designed exclusively for dVAM

Liquid | Unlike many alternative investments, DLA works within a regulated structure, with daily liquidity

Alternatives | Designed to complement traditional equities and bond

The dVAM DLA solution provides a breadth of exposure across the major alternative asset classes.

• The portfolio has a target return of cash +4% per annum over rolling 5-year periods

• Volatility is expected to be 4-8% and the portfolio is designed to have a low sensitivity to traditional equity markets

• A truly global and diversified portfolio

No individual sub-strategy will be allocated more than 25% of the overall portfolio to maximise breadth.

Passive and thematic exposures are generally implemented directly to minimise costs while active exposures are generally implemented through third party managers to maximise the opportunity set.