Investment Approach

• Seeking to maximize total return and provide income through investment in a global bond multi-sector portfolio.
• A strong focus is devoted to risk management and in particular seeking to mitigate downside risk at all times.
• The strategy performance is measured against a cash benchmark.
• Expected average volatility: volatility is expected to remain between 2% and 4% annualized over a market cycle and should not exceed 5% per annum. (Actual results may vary, and the information should not be considered or relied upon as a projection of future performance.)
• The strategy is subject to interest rate and credit risk, as well as risks unique to international investing, such as change in currency values.