The aim of the fund is to generate a total return above sterling cash interest rates through the flexible investment of at least two thirds of the total assets in lower rated and unrated debt securities. The Fund may invest in a broad range of investment grade, non-investment grade, unrated, distressed and defaulted debt instruments and financial derivative instruments thereof.

The fund aims to generate a gross return substantially above cash over the medium term.*
*There is no guarantee that the target will be achieved.

Past performance is not a guide to future performance. The value of an investment and the income from it may go down as well as up and investors may not get back the amount originally invested

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