The Fund aims to achieve income whilst protecting capital wherever possible.
The Fund will invest at least 80% of its portfolio in a combination of global fixed income securities and units in collective investment schemes which themselves hold direct fixed income or fixed income related instruments. The Fund may also invest, at the ACD's discretion, in other transferable securities (including structured products), money market instruments, cash and near cash, deposits, fixed income exchange traded funds, government or corporate bonds, and/or fixed income structured products.