Strategy

Seeks high total returns in Renminbi (“RMB”) terms through current income and long-term capital appreciation by:

  • Investing in CNH and CNY-denominated securities in seeking to benefit from the internationalization of the Chinese currency

  • Investing in a combination of RMB-denominated Chinese and other Asian fixed-income securities

  • Providing Chinese currency exposure with the flexibility to diversify RMB issuer concentration

  • Combining top-down and bottom-up sector and credit analysis with active interest rate management and country and currency allocations

Portfolio Management Team




Investment Risks to Consider

These and other risks are described in the Fund’s prospectus

Investment returns and principal value of the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Some of the principal risks of investing in the Fund include:

  • Allocation risk
  • Corporate debt obligations risk
  • Derivatives risk
  • Emerging-markets risk
  • Fixed-income securities risk
  • Focused portfolio risk
  • Lower-rated and unrated instruments risk
  • OTC derivatives counterparty risk
  • Portfolio turnover risk
  • Smaller capitalization companies risk
  • Sovereign debt obligations risk
  • Structured investments risk


Fund Literature