Where it invests:
The Global High Yield Portfolio mainly invests in high yield fixed income securities issued by US and Western European companies, currently in the growth stage which are expected to grow and expand at a rapid rate. It is valued in USD. Return is benchmarked against the Barclays Capital US HY 2% Issuer Cap Index. The investment goal is to achieve a high level of overall return in terms of income and capital.
Who is it for:
Investors with a medium-term investment horizon from 2 to 5 years, looking to achieve satisfactory returns by mainly investing in high yield fixed income securities.
This fund is also available in Euro as Global High Yield Portfolio (Share Class Euro), with the same portfolio structure.