Description

This fund aims to generate capital growth over time while also providing a consistent income stream. It pursues these objectives by primarily investing in a diversified mix of both equity and fixed-income assets. The investment strategy allocates 60% of its holdings to stocks and 40% to bond-based securities. For its equity exposure, the fund typically targets companies with market capitalizations exceeding $5 billion at the time of acquisition. The fixed-income portion predominantly consists of various bonds, including mortgage-related securities, asset-backed securities, government debt (both domestic U.S. and international sovereign bonds), and corporate debt instruments.