To achieve income and capital preservation over the term of the Fund by investing at least 85% of the Funds assets in Debt and Debt-Related Securities with a maturity equal to, or less than 4 years, issued by corporations and governments worldwide, and denominated in USD. The Investment Manager will seek to reduce the risk of losses and the expected change (as measured by annual volatility) in the value of the Fund is not ordinarily expected to exceed 7.5%. The Fund will only be open to subscription on the day of the launch. After this day, the Fund will be closed for subscriptions and will only remain open for redemptions. It is intended that the Funds term will end in 2023 when the Fund will be liquidated and Shares of the Fund will be compulsorily redeemed. The date of the end of the Funds term will be confirmed on or before the launch of the Fund. Over a period of approximately 12 months approaching the Funds Maturity Date, the Fund will no longer be subject to holding at least 85% of the assets in Debt and Debt-Related Securities; instead, the portfolio will be managed so that investments match the Maturity Date, by investing in shorter-dated financial instruments issued by governments or by corporate issuers. The Fund is actively managed and does not use a benchmark for portfolio construction, risk management or performance assessment purposes.
Fees and Expenses
Fund's portfolio distribution among the different geographical areas.
Fund's investments distribution.
|Italy, Republic Of (government) 6.875% 27-sep-2023||4,96%|
|Eastern And Southern African Trade And Development||4,16%|
|Korea Mine Rehabilitation And Mineral Resources Co||3,94%|
|Pertamina (persero) Pt 4.3% 20-may-2023||3,78%|
|Bank Rakyat Indonesia (persero) Tbk Pt 4.625% 20-j||3,69%|
|African Export Import Bank 5.25% 11-oct-2023||3,51%|
|Indonesia, Republic Of (government) 3.375% 15-apr-||3,45%|
|State Bank Of India 4.5% 28-sep-2023||3,38%|
|Bahamas, Commonwealth Of The (government) 5.75% 16||3,23%|
|Ing Bank Nv 5.8% 25-sep-2023||2,72%|
Fund's possitions distribution by the sdctor they belong to.