
The fund aims to provide current income whilst maximizing total returns in the Euro-denominated short term fixed income market. The fund invests mainly in short-term fixed and floating rate investment grade debt securities denominated in Euro issued by sovereign and corporate issuers including non-European issuers. The fund can invest to a lesser extent in lower quality debt securities such as non-investment grade securities or securities in default (limited to 20% of the funds assets) and derivatives for hedging, efficient portfolio management and/or investment purposes. The fund pursues an actively managed investment strategy. Income is distributed.
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