The Fund aims to generate income, net of all fees, equivalent to the Bank of England UK Base Rates plus 1-2% from a corporate bond portfolio with low to medium volatility.
The fund:
-
Adopts a bottom-up approach investing in high quality issuers with an investment grade profile and cash plus return
-
A short duration investment with minimal interest rate sensitivity
-
Uses no derivatives, contingent convertibles, equities, leverage or structured products