Fixed Income
Funds

US Dollar Bond Fund

Objective

To maximise the total return, whether through income or capital gains by investing in medium to high-grade US dollar-denominated debt securities.

Investment Strategy

• Duration neutral with a yield-enhancing approach through sector and credit diversification.
• Invests in all fixed income sectors and the entire investment grade spectrum (AAA-BBB).

Rating

This Fund is rated AA-f for credit risk and S2 for volatility by Standard & Poor’s. The credit rating indicates very strong protection against losses from credit defaults. The S2 volatility rating indicates moderate sensitivity to changing market conditions. These funds possess an aggregate level of risk that is less than or equal to that of a portfolio comprising government securities maturing within three to seven years and denominated in the base currency of the Fund.

Risk/Return Profile

Low risk/Low return

Minimum Investment Required

USD 10,000

Features and Benefits

• Higher yields, reduced volatility: our yield enhancement strategy for this fund provides consistent and stable returns over the long-term while reducing short-term volatility. The fund provides higher returns than cash or short-term instruments without a significant increase in risk.
• Diversified portfolio maximises performance: our yield enhancement strategy also focuses on using all of the fixed income sectors to maximise returns, including agencies, sovereigns, mortgage-backed securities and asset-backed securities, corporates and floating-rate notes.
• Short-medium-term maturity profile: the duration of the fund is approximately three years, and maturity is five years.
• Weekly liquidity, easy access: this fund trades weekly every Wednesday and funds are available the following Wednesday. Wire transfers are available.
• Cost-effective management: this fund provides access to the US dollar bond market with low costs, and there are no front- or back-end loads; management fee of 0.50% (50 basis points).

Income Distribution

Quarterly Dividend

Management Fee

0.50%

Global Blue Chip Fund

Objective

To achieve long-term capital growth in the value of assets, which are benchmarked against a portfolio of 100% global blue chip equities. “Blue chip” is defined as an internationally recognised company, often the leader in its field, with a lengthy history of profit growth and quality management.

Investment Strategy

Investments are selected from a universe of ten global industry sectors based on a combination of qualitative and quantitative factors. The style may be categorised as a combination of growth and value. The portfolio’s exposure to any given sector is determined by both macro-economic and valuation considerations and with reference to the sector’s weight within a broad global index of over 1,400 companies and 23 countries.

The Fund holds a diversified portfolio of US and International stocks. Management’s strategy is to keep the Fund fully invested at all times except at market extremes, when it may elect to hold a portion in cash or cash equivalents.

Risk/Return Profile

High risk/High return

Minimum Investment Required

USD 5,000