The investment seeks to maximize total investment return consistent with prudent investment management, consisting of a combination of interest income, currency gains and capital appreciation.
The fund invests primarily in bonds and other debt securities of Asian issuers. It invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in bonds of Asian issuers and derivatives that reflect the performance of bonds of Asian issuers. The fund may invest without limit in emerging markets and in issuers of any market capitalization, including start-ups. It is non-diversified.