The Fund seeks to achieve a long-term return by actively investing primarily in investment grade Euro denominated fixed income securities of corporate issuers. The Fund is actively managed and references the Bloomberg Euro Corporate Bond Index (the Benchmark) as a performance comparator. The Investment Manager has full discretion over the composition of the assets in the Fund. While the Fund will generally hold assets that are components of the Benchmark, it can invest in such components in different proportions, and it can hold assets which are not components of the Benchmark.