The Fund aims to achieve a target average return of 1-2% over the JPMorgan EMBI Global Diversified (Total Return, USD) ("Benchmark") before fees over a market cycle (typically 3 years) by investing primarily in hard currency denominated debt issued in emerging (less developed) countries.The Portfolio will invest primarily in debt securities and money market instruments which are issued public or private issuers in Emerging Market Countries which are denominated in Hard Currency.