The Fund seeks to achieve an attractive level of income along with the opportunity for capital growth. As a "strategic income" fund, the SubFund shall invest in, adhering to the principle of risk diversification, in particular an exposure to the fixed-income asset class on a relative value basis by selecting eligible securities from the world-wide range of fixed-interest and floating rate securities including government, supra-national, corporate bonds, contingent convertible bonds and asset-backed securities. There shall be no constraints on the rating of the securities. The Sub-Fund is not managed with reference to a benchmark.