The Fund aims to provide income and capital growth by investing directly or indirectly in fixed and floating rate securities worldwide, while giving careful consideration to long-term environmental, social and governance (ESG) criteria. The Fund will invest two thirds of it assets in government, corporate or supra-national bonds rated below investment grade (as measured by Standards & Poors and other rating agencies), but may also invest in common stock, ordinary shares, preference shares and warrants, money market instruments, bonds convertible into common stock, mortgage backed and asset backed securities and other fixed income and equity linked investments, deposits, certificates of deposit, bankers acceptances and commercial paper. Whilst bottom-up analysis (approach focusing on the analysis of individual stocks rather than the industry in which a company operates) remains at the forefront of the investment process, considerations of investment themes will supplement this approach (e.g sustainability and the macro economic approach, consumer trends, technology, demographics, regulation). The Investment Manager will consider information from the financial statements of a target investment, with focus on the sustainability and solvency of the issuer. An ESG screen that considers multiple factors is used as part of the process of selecting sustainable credit investments. The Fund's investments will not have any particular industry, geographical or sector focus. The Fund may invest up to 30% of its Net Asset Value in emerging markets.