Fund Description

The fund invests at least 80% of net assets plus any borrowings (measured at purchase) in sovereign and corporate debt securities and other instruments of emerging market issuers, including credit linked notes and similar exposures. The portfolio is built across emerging markets debt consistent with its risk budget and Global Fixed Income top-down views, and may integrate ESG factors alongside traditional fundamentals. It may invest in government and corporate debt, structured securities, loan participations, and repurchase agreements; use derivatives to gain country or currency exposure; invest via other investment companies/ETFs; and hold securities of any credit quality and any currency. The Investment Adviser measures the fund's performance against the J.P. Morgan Emerging Markets Bond Index (EMBISM) Global Diversified Index (Gross, USD, Unhedged).