Description

This fund generally aims to achieve its investment targets by allocating 35% to 65% of its capital to equity holdings, with the remainder placed in debt instruments and highly liquid assets. A minimum of 25% of its total assets is typically directed into higher-ranking, fixed-income securities. The portfolio also retains the option to invest in short-term money market instruments. It can acquire both fixed and variable interest rate obligations that carry a diverse range of maturities. Additionally, the fund restricts its exposure to speculative-grade, high-yield bonds to no more than 35% of the debt component of its net assets.