Investment Objective
The Fund seeks to generate positive returns that are independent of market cycles, through income and capital appreciation, by investing at least 70% of its Net Asset Value in debt securities, convertible securities that can be exchanged into shares, investment funds, and financial contracts, which are listed or traded anywhere in the world. The Fund may take advantage of the entire range of maturities and durations when purchasing debt securities, and may adjust the average duration of the Fund's investments from time to time.
Reference Index
FTSE 3-month US Treasury Bill Index (USD) since 31 March 2020
Performance
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | 0.3 | 0.2 | 0.6 | 0.8 | 0.5 | 0.6 | 0.6 | 0.7 | 0.3 | 0.9 | 0.8 | 0.2 | 0.1 | |
2022 | 0.4 | 0.3 | 0.2 | 0.1 | 0.2 | 0.9 | 0.3 | 0.2 | 1.0 | 0.7 | 0.9 | 1.0 | 0.4 |