The Sub-Fund will seek to invest primarily in high yield, fixed-income U.S. corporate debt securities and, to a lesser extent, preferred stocks, that offer, in the view of the Investment Manager, a high return, without excessive risk, at the time of purchase. The Sub-Fund will invest primarily in below-investment-grade-rated U.S. corporate bonds, some of which may be purchased at a discount to face value and may, therefore, offer a potential for capital appreciation as well as high current income. Conversely, some bonds may be purchased at a premium in order to obtain a high yield, and the Sub-Fund may realize a capital loss on their disposition.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=Lemanik Asset Management S.A.
 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=J.P. Morgan Bank Luxembourg S.A.
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=USD High Yield Bond
 http://www.globalfunddata.com/funds/new/performance/custodian?variant=J. P. Morgan Bank Luxembourg S.A.
 mailto:firstname.lastname@example.org?subject=Mail from GFM Ltd