Discretionary manager Whitefoord has changed the name of its £20m Absolute Return fund to better reflect its investment style.
The Whitefoord Absolute Return fund has been renamed the CF Cautela fund. The adoption of cautela, being Latin for ‘caution’, is reportedly a better means of identifying the fund as sitting in the cautious managed sector.
The Cautela fund invests in a range of equities, bonds and securities and is benchmarked against Libor +2%.
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