Under normal circumstances, the fund invests at least 80% of its investable assets in securitized credit investments and other similar credit instruments, including derivative instruments that provide exposure to securitized credit investments and other similar credit instruments. The fund is non-diversified.
| Horizon | Bear case (−1σ) | Base case | Bull case (+1σ) |
|---|---|---|---|
| 1 Month | $47.75 (-2.8%) | $49.15 | $50.59 (+2.9%) |
| 3 Months | $46.75 (-4.9%) | $49.15 | $51.67 (+5.1%) |
| 6 Months | $45.79 (-6.8%) | $49.15 | $52.75 (+7.3%) |
| 12 Months | $44.47 (-9.5%) | $49.15 | $54.32 (+10.5%) |