Investment Objective
The Fund will invest in fixed income securities rated below investment grade and targets absolute returns, principally using a bottom-up approach (evaluating each individual issuer rather than looking at movements in prices within a particular market or market segment). The Fund may also have exposure to other transferable securities including mortgage and asset backed securities and equity linked investments.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.8 | 0.6 | 0.4 | 0.9 | 0.4 | 0.9 | 0.1 | 0.2 | 0.7 | 1.0 | 0.8 | 0.6 | 0.8 | |
| 2023 | 0.8 | 0.3 | 0.1 | 0.5 | 0.8 | 0.5 | 0.6 | 0.6 | 0.9 | 0.7 | 0.2 | 0.1 | 1.0 |
