To achieve long term capital growth together with income by investing in government debt, corporate bond and currency markets globally.
The Managers’ policy is to invest primarily in investment grade, sub-investment grade and unrated bonds issued by governments, sovereigns, supranational and corporates in developed and emerging markets. The Fund Manager has the ability to invest in debt securities and any maturity, duration or credit rating (including unrated). Forward currency transactions will be used to gain exposure to currencies and may be used to manage currency risk when consider appropriate. The Manager may also invest in collective investment schemes, cash and near cash, money market instruments and other transferable securities. The Trust may use derivatives for investment purposes as well as for efficient portfolio management.