Capel Cure fund transfers from Active to Balanced Managed

The Capel Cure Sharp (CCS) fund Hallmark Growth changed sectors from Active Managed to Balanced Managed. CCS realigned the portfolio so its bonds element had a weighting of 15%.

The offering had been moved to the Active Managed sector two months previously in the Autif sector reclassification as it had more than 85% in equities. The group felt that other funds in this sector did not represent a meaningful comparison.