The primary objective of the fund is to provide a steady rate of return and preservation of capital through allocation to global and regional fixed income securities, with an emphasis on safety and shorter-term duration.
The fund seeks global fixed income securities with shorter duration as well as diversified fixed income Exchange Traded Funds (ETFs) to achieve its investment objective.
| Key Fund Details | |
|---|---|
| Inception | October 2011 |
| Open to Investment | Yes |
| Size | 25.89M |
| Type | Global Fixed Income |
| Currency | US$ |
| Min Sub Size | $5000 |
| Min Add Sub | $1000 |
| Redemptions Fee | Declining Surrender Charge (DSC) |
|
Redemptions that occur within the period following initial investment will incur the following charges: 0-24 months 2% 25-36 months 1.5% 37-48 months 1.0% 49-60 months 0.5% Thereafter $50 processing fee. |
|
| NAV Frequency | Monthly |
| U.S. Government Bonds | 33.72% |
| U.S. Corporate Bonds - FIN | 17.68% |
| U.S. Corporate Bonds - IND | 15.65% |
| Private Credit Fund | 13.10% |
| Corporate Preference Shares | 8.08% |
| Type | Detail |
|---|---|
| Front End Sales Charge | Up to 2% of subscription amount (optional) |
| Management and Administration | 1% per annum |
| Redempton Fee | Declining Surrender Charge (DSC). Redemptions that occur within the period following initial investment will incur the following charges: |
| 0-24 months 2% | |
| 25-36 months 1.5% | |
| 37-48 months 1.0% | |
| 49-60 months 0.5% | |
| Thereafter $50 processing fee. |
