The investment seeks total return; capital preservation is the secondary investment objective.
The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in fixed income securities and other instruments that provide exposure to global bond markets. It may purchase fixed and floating rate debt securities and debt obligations of governments, government-related or corporate issuers worldwide. The fund also may invest in bond exchange-traded funds with exposure to foreign and domestic markets.
The investment seeks total return over the long term, with an emphasis on income.
Under normal market conditions, the Strategic Income Fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in income-producing securities including, but not limited to, dividend paying equity securities, and debt and debt-related instruments issued by governments, quasi-governmental entities, supra-national institutions, and companies in Asia. It is non-diversified.