Any income the Fund generates will be accumulated and reinvested on behalf of investors. The Fund aims to achieve an attractive level of total return (income plus capital appreciation) through investment in bonds (which are like loans that can pay a fixed or variable rate interest rate) that are economically tied to emerging market countries. The Fund will invest primarily in debt and debt-related securities that are economically tied to emerging market countries and issued by corporates, limited liability companies or limited partnerships and other forms of enterprise and in sovereign, quasi-sovereign and supranational debt and debt-related securities, which are listed or traded on recognised exchanges. The Fund will principally invest in investment grade and sub-investment grade debt and debt-related securities that have been rated by a recognised rating agency such as Moody's, S&P, and Fitch and more than 50% of the fund's assets may be invested in sub-investment grade securities. securities in which the Fund invests will mainly be denominated in hard currencies (primarily U.S. Dollar), but may be denominated in any currency, including local currencies of emerging market countries. The Fund may invest up to 10% of its net assets in loans, loan participations and/or loan assignments.