About: It is a non-diversified fund with a primary investment objective to achieve a high level of current income through investing at least 80% of its assets in commercial mortgage-backed securities. It will invest primarily in investment grade securities, but may invest up to 35% of its total assets in below investment grade securities. Capital gain is the secondary investment objective. Effective from 02-Mar-07, the Fund has changed its investment policies to permit investment in credit derivatives.
Tags: Asset Management Financial Services