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The objective of the Fund is to provide capital growth and income above those of the Bloomberg Capital USD / EUR / GBP Corporate 1% Issuer Capped Index (Unhedged) (the ”Benchmark Index”).The Fund aims to outperform the Benchmark Index over rolling three year periods after the deduction of all fees and expenses. The Fund is actively managed and will invest a minimum of 80% in a variety of US Dollar, Euro and Sterling denominated fixed interest instruments such as bonds, other fixed or floating-rate debt securities and short-term debt securities. These may include asset-backed securities such as mortgage-backed securities (residential & commercial) and consumer loans (for example, auto loans or credit loans).
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