Investment Objective
The investment objective of the Fund is to achieve absolute return regardless of market conditions. The Fund seeks to achieve this objective by investing either directly or through the use of financial derivatives, in fixed and floating rate debt securities in governments or companies which derive a significant part of their economic activity from Emerging Markets or developed countries undergoing a period of fiscal stress.
Reference Index
3 Month Libor
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.5 | 0.4 | 0.5 | 0.1 | 0.4 | 0.7 | 0.1 | 0.1 | 0.2 | 0.2 | 1.0 | 0.9 | 0.2 | |
| 2023 | 0.5 | 0.4 | 0.1 | 0.7 | 0.3 | 0.3 | 1.0 | 0.9 | 0.8 | 0.8 | 0.1 | 0.0 | 0.1 |
