The investment objective of the Fund is to seek to maximise total return, consistent with the preservation of capital, prudent investment management and sustainable investing. The Fund invests primarily in investment grade Fixed Income Instruments, but may invest up to 10% of its total assets in Fixed Income Instruments that are rated lower than Baa by Moody’s or lower than BBB by S&P or equivalently rated by Fitch, but rated at least B by Moody’s or S&P or equivalently rated by Fitch (or, if unrated, determined by the Investment Advisor to be of comparable quality) with the exception of mortgage-backed securities for which there is no minimum credit rating requirement.