The Fund’s investment objective is to achieve an attractive level of total return with the majority of the Fund being invested in Sterling denominated inflation - linked Investment Grade Debt and Debt Related Securities.
The majority of the Fund will be invested in Investment Grade Sterling denominated inflation-linked Debt and Debt Related Securities which are listed or traded on an Eligible Market or OTC market. The Fund may also invest in securities which are either not linked to inflation and/or which may not be denominated in Sterling.
The Fund will primarily have exposure to Sterling.
The Fund may invest up to 10% of its Net Asset Value in Sub-Investment Grade Debt or Debt-Related Securities. Any security which is downgraded after purchase to Sub-Investment Grade will not be sold, unless in the opinion of the Investment Adviser, this is in the best interest of Shareholders.