The Fund aims to provide an income with the potential for capital growth over the long term. To outperform the ICE BofA Global High Yield Constrained Index Hedged to GBP by 1.75% per annum before the deduction of charges over any 5 year period. The Fund invests at least 80% of its assets in high yield (non-investment grade, equivalent to BB+ rated or lower) corporate bonds, in any country.