The Fund aims to provide income with the opportunity for capital growth (i.e. to grow the value of your investment) over the long-term. The Fund is actively managed and invests primarily (i.e. at least two-thirds of the net asset value of the Fund) in a diversified portfolio of debt securities (e.g. bonds) issued by Emerging Markets Borrowers and derivatives (financial contracts whose value is linked to the price of a debt security) which offer exposure to such debt securities.
The performance of years prior to 2013 was achieved under circumstances that may no longer apply as the investment policy was changed in 2012. On 30 May 2012, the investment policy has changed to allow the use of derivatives for investment purpose.