| NASDAQ Exchange | US Country |
The described investment vehicle primarily focuses on achieving an above-average total return over a market cycle that spans three to five years. By committing at least 80% of its assets to corporate bonds, this fund positions itself within the fixed income market segment, emphasizing the quality and safety of investments. Specifically targeting U.S. corporate bonds, the fund adheres to a strategy of investing in entities that are deemed to carry an investment-grade rating. These ratings, attributed by major rating agencies such as Moody's Investors Service, Inc., S&P Global Ratings Group, and Fitch Ratings, Inc., serve as a beacon for investors, signaling creditworthiness and reduced risk. The fund also accommodates investments in unrated bonds, provided they are considered by the advisor to be of equivalent quality to those with investment-grade ratings. This approach allows the fund to navigate the corporate bond landscape with a focus on stability, aiming to deliver consistent returns over the specified market cycle.
The fund dedicates a significant portion of its portfolio to corporate bonds, specifically targeting those with an investment grade rating or those assessed by the adviser to be of comparable quality. This dedication to high-quality bonds seeks to ensure a stable and reliable income stream for investors, while also positioning the fund to potentially benefit from price appreciation of these securities. Investment in these bonds is rooted in a detailed assessment of each issuing corporation's financial health, industry position, and overall economic conditions, aiming to mitigate risks while seeking to maximize returns.