MoneyAM Fund Centre

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Fund Objective

The Fund aims to produce a return from capital and income by investing predominantly in Euro denominated fixed interest securities. The Fund will invest predominantly in a variety of Euro denominated fixed interest instruments such as bonds, other fixed or floating-rate debt securities and short-term debt securities. These may include asset-backed securities such as mortgage-backed securities (residential & commercial) and consumer loans (for example, auto loans or credit loans). These instruments set out above will be rated investment grade by a recognised rating agency (that is, rated BBB- or above by Standard & Poor’s or Baa3 or above by Moody’s). The Fund may also invest in other fixed and variable rate debt securities which are denominated in any currency other than Euro or rated below investment grade as well as in collective investment schemes, other transferable securities, deposits, cash and near cash, warrants and money-market instruments.Investments in fixed or variable rate debt securities (denominated in either Euro or non-Euro currencies) may include sovereign debt instruments, securities issued by government or other public bodies, subordinated debt instruments and secured debt instruments (i.e. bonds that are secured by assets). The Fund may invest in derivatives for the purposes of Efficient Portfolio Management only. The currency exposures derived from non-Euro securities will be hedged to Euro in part or in full.The Investment Manager will use its discretion with regard to issues, sectors, geographical exposure and maturity of the portfolio, and therefore the Fund may be exposed to a limited number of issuers.