The Credit Select fund`s principal objective is to deliver long-term, positive‚ risk-adjusted returns to investors by following the three basic investment pillars of value‚ fundamental bottom-up research‚ and bias towards shorter duration opportunities.
To achieve its investment objective, the fund will invest primarily in a concentrated portfolio of listed global corporate bonds‚ including investment grade‚ high yield‚ and emerging markets bonds on recognised markets and across all corporate sectors‚ rated or unrated.
The sub-fund may invest in fixed and/or floating rate bonds‚ convertible bonds‚ debentures‚ notes‚ bills‚ asset-backed securities and money market instruments (which could include U.S. Treasury bonds‚ U.S Treasury bills‚ commercial paper‚ and certificates of deposits). The fund may also invest globally across sovereign debt. There are no restrictions regarding the allocation between corporates and sovereigns