(OEIC) Monthly Performance Update June 2017

IBOSS OEIC MPU June 2017

Our OEICs continue to be managed with lower than benchmark beta, with an emphasis on defensive characteristics and will continue to do so whilst markets remain at such elevated levels across the different asset classes.

We continue to make regular changes to the underlying OEIC funds, with an emphasis on avoiding the most expensive assets and sectors, but always looking for opportunities that are often based on what is basically unpopular.

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