ACPI Global Fixed Income


Fund Investment Objectives

The Sub-Fund's investment objective is to achieve positive absolute returns and long-term capital appreciation by investing primarily in global fixed income securities.The Sub-Fund will aim to generate positive returns by building a diversified portfolio of bonds and other debt securities which are traded on international bond markets, which will reflect both medium and long term views of macro-economic themes such as global inflation, growth and interest rate cycles. Primarily, the Sub-Fund will invest directly or indirectly in bonds and other debt securities of governments and corporates of various types and maturities, including, for example, fixed rate, floating rate and variable rate notes, bonds, index linked debt securities, convertible bonds, preferred stock, warrants, collateralized securities (such as securities collateralized or backed by mortgages or credit card receivables) coupon bearing and deferred interest instruments (such as zero coupon bonds). AUM reflects the aggregate of the various share classes and is denominated in USD. Benchmark is Citigroup World BIG Corporate Bond Index and Citigroup WGBI.