The fund is a bond fund that aims to generate high interest income and additional price gains. It invests in particular in government bonds, government-guaranteed bonds and corporate bonds and bonds issued by credit institutions (global) as well as in regional or local government bonds and covered bonds (OECD countries). These investments may entail currency risks in AUD, BRL, CAD, CHF, CNY/CNH, CZK, DKK, GBP, HKD, HUF, INR, JPY, MXN, NOK, NZD, PLN, RUB, SEK, TRY, USD and ZAR, which are largely hedged.