Industry description
The investment seeks to provide a high level of current income and, as a secondary objective, long-term capital growth.
The fund principally invests in a range of diversified income-producing investments. It will typically pursue strategies and invest in instruments which have historically produced a significant portion of their total return from income. The fund’s target strategic asset allocation is 40% to global equity or equity-related securities or instruments, including equity securities of real assets-related companies, and 60% global fixed income or fixed income-related securities or instruments, including high yield and emerging markets debt.