Our lifestyle trust 6 This is primarily to provide as much flexibility and tax efficiency as possible when taking withdrawals. (For example, an investment of £100,000 is divided across 1,000 policies worth £100 each at outset.) Your pre-agreed entitlements are detailed on the Second Schedule of the Lifestyle Trust deed, and held by the trustees in a series of ‘pots’ within the bond, until their relevant entitlement dates. Each of these pots, known as ‘Policy Funds’, contains a number of policies. The table on page 8, part of the case study, shows an example of this. Accessing your entitlements When you invest in the Collective Investment Bond to establish the Lifestyle Trust, it is issued as 1,000 identical policies.