Objectives and Investment Policy
The Fund aims to provide income along with the opportunity for capital growth by investing primarily in debt instruments (which are like loans that pay a fixed or variable rate of interest) issued by governments, companies and other large organisations.
The Fund may invest in other transferable securities, depositary receipts and other UCITS eligible schemes to achieve its objectives.
The Fund may invest in bonds that have lower ratings, as defined by international agencies that provide such ratings. These may pay higher rates of interest than bonds with higher ratings.
The Fund has a multi-manager structure, which means that its assets are managed by a number of specialist investment managers, appointed and monitored by the Fund’s Asset Allocation Manager. Each of these investment managers has discretion to select investments for an assigned portion of the Fund’s assets.
The Fund may also make use of derivatives, which are sophisticated instruments whose value is linked to the rise and fall of other assets. The Fund can use derivatives for investment purposes to generate market exposure that exceeds the value of its assets and for the purposes of hedging and efficient portfolio management, with the aim of managing risk and cost.
You can buy and sell shares on any business day in London.
Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within 5 years.
For full investment objectives and policy details please refer to the Prospectus.
Price displayed in GBP pence.
Status of all data (unless otherwise stated): Thursday, 19 December 2024
