Fund Summary
The objective of this compartment is to seek income and capital growth by investing at least two thirds of its net assets in a diversified portfolio of bonds and other debt securities linked to emerging local debt.
Emerging countries are defined as those considered, at the time of investing, as industrially developing countries by the International Monetary Fund, the World Bank, the International Finance Corporation (IFC) or one of the leading investment banks. The compartment may also invest in warrants on transferable securities and indexes and subscription warrants and may use currency transactions for a purpose other than hedging.
