Description

The fund aims to achieve a significant overall return. It operates with an absolute return strategy, meaning its investment performance is not benchmarked against a specific market index. The portfolio managers have extensive flexibility to deploy assets across a wide array of fixed-income instruments and complex financial derivatives. This flexibility extends to concentrating holdings in specific strategies or sectors, including cash, money market instruments, and other short-duration investments. A distinctive feature is its ability to commit up to its entire capital (100% of total assets) to debt securities rated below investment grade or similar unrated obligations.