Description

This fund aims to fulfill its objective by investing in a varied portfolio of fixed-income securities. A significant portion, specifically at least 80% of its net assets (plus any investment borrowings), will be allocated to bonds. The portfolio may also incorporate asset-backed and mortgage-backed debt instruments. Up to 20% of its total assets can be invested in securities rated below investment grade, commonly referred to as 'junk bonds' or 'high-yield securities'.