The investment objective of the Portfolio is high total investment return.
The Portfolio will predominantly invest in Investment Grade fixed-income securities denominated in various currencies. Under normal market conditions, the Portfolio expects that no less than 70% of its total assets will be invested in securities denominated in U.S. Dollars or securities hedged to U.S. Dollars. The Portfolio will invest no more than 25% of its total assets in convertible bonds, no more than 30% of their total assets in money market instruments and no more than 10% of their total assets in equity securities.