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The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the Markit iBoxx USD Liquid High Yield Capped Index. The Index currently consists of sub-investment grade US Dollar denominated fixed rate bonds issued by corporate issuers in developed markets and rated by at least one of three rating services.

Naložbeni cilj sklada je vlagateljem zagotoviti skupni donos, ki upošteva tako kapitalske donose kot donose iz dohodka in odraža donos indeksa Markit iBoxx USD Liquid High Yield Capped Index. Indeks trenutno sestavljajo obveznice z bonitetno oceno pod naložbenim razredom, denominirane v ameriških dolarjih in s fiksno obrestno mero, ki jih izdajajo podjetja na razvitih trgih in jih ocenjuje vsaj ena od treh bonitetnih agencij.