Industry description
The investment seeks current income and preservation of capital.
The fund is a "fund of funds" that seeks to achieve its investment goal by investing in a combination of underlying funds. Under normal circumstances, between 40% and 90% of its assets in underlying funds sub-advised by an affiliate of the investment adviser. Under normal market conditions, the fund’s exposure to debt is expected to be 70-85%; the fund’s exposure to equity is expected to be 15-30%.