The Diversified Income Fund provides efficient access to
broad global credit market exposure by investing primarily in
a diversified pool of corporate and emerging market fixed
income securities of varying maturities. The Fund holds both
non-US dollar denominated fixed income securities and nonUS
dollar currency positions
This fund offers a higher yielding alternative to core fixed
income portfolios and low correlation to US, Japanese and
German government interest rates.
The Fund Advantage
The fund benefits from a diversified approach to
macroeconomic views on credit trends, interest rates,
duration, currencies and curve positioning.
1/3 each - Bloomberg Barclays Global Aggregate Credit ex Emerging Markets, USD Hedged; ICE BofAML BB‑B Rated Developed Markets High Yield Constrained Index, USD Hedged; and JPMorgan EMBI Global, USD Hedged
PRIMARY BENCHMARK DESCRIPTION
The Bloomberg Barclays Global Aggregate Credit ex Emerging Markets (USD Hedged) provides a broad-based measure of the global developed markets investment-grade fixed income markets. The ICE BofAML BB-B Rated Developed Markets High Yield Constrained Index (USD Hedged) tracks