The sub-fund aims to provide long term total return by investing in a portfolio of bonds denominated in or hedged into Singapore Dollars (SGD). The sub-fund invests in normal market conditions a minimum of 90% of its net assets in: - Singapore Dollar denominated Investment Grade and Non-Investment Grade rated fixed income, unrated fixed income and other similar securities issued or guaranteed by governments, government agencies or supranational bodies or issued by companies. - Investment Grade and Non-Investment Grade rated fixed income, unrated fixed income and other similar securities which are denominated in non-SGD currencies and hedged to SGD. These securities will primarily be issued or guaranteed by governments, government agencies or supranational bodies in Asia or issued by companies which are domiciled in, based in, or carry out the larger part of their business in, Asia.
