Flexible Investment was spun out of the AIC’s global sectors in January 2016. It mimics the Investment Association’s sector of the same name. It encompasses funds whose investment policies allow them to invest in a range of asset classes. The AIC don’t mandate who goes in which sector. this means that there are still quite a few investment companies that could fit that description that aren’t in the Flexible Investment sector. Quite a few of the funds in this sector have investment objectives that try to generate absolute returns (in other words minimise the amount they lose) rather than beat an index.